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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: kha vu who wrote (90680)3/30/2000 8:56:00 AM
From: Jerry Olson  Read Replies (4) of 120523
 
Morning Gemmers

the selling of the tech sector is way overdone,...

while all the fund managers are way behind the curve they sell at the bottom and chase at the top...

they are trying to show some profit..yeah right...

stay the course, my cycle lows come in here today or Fri,,then watch these very same fundies dive back in to the very same stocks they sold...simply amazing..

i see it done every quarter...

this is a good time to pick up beaten up semis with 1/2 positions like i did yesterday on KLIC..

if it gets hit today or tomr..i'll fill the other 1/2 and ride it all the way thru earnings...
be smart..always use stops, always preserve capital so you can trade again...

watch 1495 SPX level..we might breach it by 4-5-6 points..maybe more don't know..but that was my target down from the recent highs...

the NAZ os going lower from here maybe to test 4450-4500 level...should happen today...

some of the big cap techs like AOL-ORCL-CSCO-AMAT-INTC-MSFT-SUNW-QCOM-NOK- they will bounce back first with a vengence...

keep your eyes open and stay alert...

i'll be here all day today..watching and waiting..

btw todays WL is a real work of ART!!!!

many solid plays there..keep your powder dry...sit on your hands and wait..let these stocks come to you..

OJ
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