hi R1, read these two posts and you tell me what I was looking for today and this week -vbg-
John looks like you are nimble also. Weren't you bearish this morning?? It'sokaytochangeyourmind.com
Message 13943341
This week we have several short term potential bullish influences.
1- RUT.X B2B and Genome stock additions on Friday
2-- CRA-Genome lovefest at the Whitehouse, we know what will the first thing on tomorrow nights new and on the top of the front page on tuesday.
3-- No Fed action
4-- end of Q window dressing
5-- Ge within a couple of bucks of it's 200 DMA and is giving some momentum divergence buy signals,
expect a rally before at the 200 DMA
geocities.com.
am I missing anything?
I'm concerned about the equity mkt in the bigger picture.
John
note from Ken........
Actually almost 700 new additions, including a couple of hundred IPO stocks. Some of these have floats as small as 3.5 million shares.
Many of the deletions are internet companies added just last year. Now the biotech companies and new B2B companies are being added. Wag the dog? Or dog chasing its tail?
Regards, Ken.
------------------ Message 13933919
To: Jorj X. McKie who wrote (41287) From: John Pitera Friday, Jun 23, 2000 11:06 AM ET Reply # of 41960
I have full faith in you and I have some merchandise that I'm really upside down on myself. -ng-
some time I may have to break out my list of stocks that I have had that are my biggest % losers -g-
I've posted some charts over on the mkt lab.
we have good news coming next week that should support the mkt. Fed meeting, Human genome beauty pageant possibly live from the Rose Garden, Q2 window dressing etc.
my thought is watch these genome stocks
CRA, MLNM, HGSI, INCY, PDLI, etc they are the canary in the coal mine..and they worked well back in March.
when they keel over again.....that's our que from a positioning basis. |