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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ditchdigger who wrote (18992)2/27/2000 2:10:00 PM
From: Sergio H  Read Replies (2) of 29382
 
DD and Arnie. LU had some positive action last week. There's a nice gap to fill in the chart. The bellweather, GE hasn't given us a strong enough market direction signal, but its a good time to do some fishing in the large caps if you believe, like I do, that the market crash isn't coming right now.

Have a look at XRX. Positive news last week, but no signs of life, looking at the chart. XRX's CEO is scheduled to give the keynote speech at Tuesday's ON DEMAND 2000 conference. I don't think that this stock is a terminal patient. It's due for a beep on its life chart.

Watching DPH very closely. A few of us played the stock in January, when it gapped up to the high teens. The stock has been moving sideways, and the gap still hasn't filled. Fundamentally, the stock is cheap.

Sergio
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