MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: KM who wrote (48601)	4/29/2000 1:12:00 PM
From: SFW	Read Replies (2) of 99985

Truff, Interesting! Now what? With Soros gone, along with those who also got burned badly on the slump in Nasdaq, I believe that we will see less of the spectacular moonshot moves in stocks. On the other hand, this may in fact be the bottom and we may be back on our way up, albeit more slowly this time. I feel that many of the so-called blue chip techs, CSCO JDSU PMCS etc.., will remain range-bound for a while and this may present trading opportunities in such stocks. The small caps may present some interesting opportunities as well, but only in those that have earnings in hot sectors; semis, telecoms, software. What are your thoughts on the market? Abed

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