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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 677.48+0.3%4:00 PM EST

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To: Stephen who wrote (46564)4/16/2000 2:01:00 AM
From: American Spirit  Read Replies (2) of 99985
 
Of course the market's changing. It just did. We just crashed. Let me give you a few examples. CIEN from 210 to 90. CMGI from 200 to 52. ETYS from 80 to 5. Get the drift? We're already corrected on the most speculative stocks. The market has also balanced itself Dow Vs. Naz. Now we can go forward on real valuations which I appreciate being a value investors myself, tech value that is. Right now I LOVE UIS at 20, COMS at 40, IBM at 105, CPQ at 24, CMGI at 50, WCOm at 38, etc. etc. Can't go wrong here. Lucky if you even get these prices again. I bought last thing Friday to make saure I got these ridiculous prices. All of these companies are rock solid. If you want more spec ESHR at 6, LOR at 8, FATB at 6. Jeez loueeze are these winners cheap. The buying op of the year. I also like retailers here. Very very cheap. ANF at 12? - This has got to turn around - and fast.
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