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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: Johnny Canuck who wrote (27026)	6/15/2000 5:25:00 PM
From: j g cordes	Read Replies (1) of 68251

So many of these companies have been very high, they now all look like bargains.. an error in perception, some will come back stronger than ever, but most won't eclipse their winter highs for years. Sideline money is building. The Fed's actions have slowed things down and inflation is tame.. but the rocket fuel is missing. Some say trillions were lost to money heaven in the last selloff, it will take some time to build exhuberent capital bases for new highs.. so we have to pick the best companies when they're down and get out when they have modest rallies. Its a traders market, mid June is usually flat to up leading to the end of the month rally going into the first week of July. "First Call's Chuck Hill predicts a "terrific" quarter, with energy and tech stocks leading the way. Anyone have a best bet list for earngings surprizes to the upside..

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