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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (2439)1/27/2000 11:45:00 AM
From: marginmike  Read Replies (2) of 19219
 
J.T. as you know outside of a litlle HIFN/GSTRF/PIXR and WORK I am CASH am sitting an enough mony to by a small BB company. I am waiting for the correction. I saw blowoff top two days ago and now am watching the bears set traps. I wish i had a god Q day before having to dump at a discounted price but as the old saying goes Pig's get slaughtered. The last time I was all cash was 1997, and I bought 10,000 Qcom shares so hopefully I can find another diamond in the ruff. Ill my babies have grown into Big Caps. Have you looked at SNDK and CNXT once big holdings for me. i sold them on valuation concern's eons ago. I hope my sale doesnt constitute the bottom<g> In any regards I think we rally into fed and Naz remains lackluster. The mania has begun to end. The stocks I will buy on a 20% correction are as follows. NOK,QCOM,NT,CNXT,SNDK,MFNX,JDSU. These stocks will lead the tech charge out in the recovery, I would also look at the E-Brokers who will get killed. Once the tables are turned these guys will get bought up by the PW SSB and ML of the world.
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