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Technology Stocks : Proxicom, Inc. (PXCM)

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To: michaele23 who wrote (27)2/26/2000 12:18:00 PM
From: brk  Read Replies (1) of 58
 
I think the patterns people predict do come true more likely than randomness

People don't predict patterns, they create them. The techs are way overbought and although I am a big believer in the new economy and the Death of the Dow, it is the psychology of traders that guides the market.
I look strictly at techs and the trend IMO is buy in Oct/Nov, trade through Feb/Mar, sell in April, and enjoy your summer while everything goes sideways and volume drops.

Always hold the one's that you truly believe in though and if PXCM is one of those for you, then best of luck to you.

Disclosure: I don't know what the hell I'm talking about most of the time <ggg>

-regards brk
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