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: kha vu who wrote (99097)	5/24/2000 6:47:00 AM
From: Jerry Olson	Read Replies (1) of 120523

Kha think short/long scalps still...this is not over quite yet..but very soon,, i have cycle lows coming in here by Thru/Fri, and then we move higher.. maybe the real bottom is here..2800/2900 NAZ..the DOW has held up well...however every index i look at is broken... it will take months to rebuild this market..months... the real probalem here is we are still getting rate hikes...the economy will slow and so will corporate profits, revenues, and margins...costs of doing biz will accelerate..wages, health care etc all are moving up..inflation exists albeit at low levels, but higher than last year and still moving up... i still feel, this will be a good buying opportunity if people are patient....take a 1/2 position in solid big cap techs and hold...by years end this market will be rocking again...once the rate hikes actually stop... think Kha..when AG does nothing at one of these meetings, can you imagine what this market will do???? explosion will be awesome...i am preparing my LEAP CALL OPTION Portfolio for 2002... regards OJ

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