Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: Clang who wrote (94807)	4/27/2000 9:02:00 AM
From: Jerry Olson	Read Replies (1) of 120523

Morning Clang...and all GEMMERS... had a very nice trip to NYC the last 2 days.... Like i said earlier this week, we have cycle lows coming in here today or tomr...supposedly it should be a higher low..all around...not sure yet... i was in all cash as of yesterday, and mentioned to some people in NYC to short the markets at 3.00 pm...they did<G>...i did not think these eco reports were going to be good... i feel there's a tradable bottom coming in the markets both NAZ and DOW...but i'll wait patiently to see this shakeout.. the street will run rampant with all sorts of crap about AG, raising .50 basis points, and even BEFORE the meeting on the 16th of May...don't think so.... but still this is not the time to be brave...trade smaller lot sizes, and play hit and run...i've been seeing very fast turn arounds intraday in stocks up and down..whipsaw can get us all hurt....stops are of course a must...and..you may blow thru them..but at least there in place... hopefully this will be the clean out we need to begin to base build sectors and stocks charts...for the next move up.. i can say that on P&F...the SEMIS-BIO TECHS AND INTERNET sectors have all moved up from very very oversold levels... hang tough...there's money to be made here...but i'm no hero...i'll trade lightly and with caution... OJ

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