Tom, It's Your Wild World of Stocks ...you can even throw the Erasers around -vbg-
We can talk about Market direction as well, you are definitely right about us looking deeper into technology trends, fundamental issues such as if operating margins are expanding or contracting. Are accounts receivable ballooning up because the company is trying to make it's quarter but is stuffing the pipeline and setting itself up for an earnings miss. etc.
take a look at my HLIT post.
Message 12150156
I have highlighted some of their more interest piquing points, I view this as a workbook where we can take notes, compare notes and brainstorm about ascending technologies, I will post a few more pieces than normal, partly because I am highlighting parts of a report, but I want it here in 6 months and in a year to see how much companies delivery on what they promise and allude to.
The DJUA and UTY.X had pretty big reversals today on the daily charts, that is our first signal that this may not be big of a sell-off. Lets watch the bonds closely and the financial stocks to look for a bottoming there as well.
c, cmb, axp, wfc,Bac, mer, mwd, pwj, bsc, and leh all closed higher today.
and a number of these rises were fairly big moves.
This coupled with the big rally in the DJUA and the uty.x means that the bonds have probably put in a low and the fiancials are moving and this correction will not have much longer to run.
John
I hope that we can get the portfolio working, Mike has written to SI to ask for help. |
