Watch Bill Meehan on Wall Street Week, this week!!! Message Board

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Pastimes : Watch Bill Meehan on Wall Street Week, this week!!!

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To: Freedom Fighter who wrote (92)	8/5/2000 7:33:56 PM
From: accountclosed	Read Replies (2) of 138

he was introduced as bearish...and something you'll appreciate as someone who enjoyed playing the ponies <g> mostly he said that tech was out of whack from a valuation point of view. that all major indexes risked testing their 52-week lows. that energy was the only sector that looked good on the charts. that ta was more necessary late in the cycle when valuations were higher and fa more necessary early. there was a mix up about him being bullish mainly since 1981 which was incorrectly stated as mainly bearish that long. lou cleared it up late in the show. he gave a number of stocks he liked. like in tech he liked intu and qcom from several points of view, but only if someone wasn't already overweight in tech. both had nice charts. intu, he spent more time on, and spoke of actual earnings, etc. he was very personable through out. lou was skeptical for awhile but seemed to warm up to him. like, gee louise, we never really had a communist to dinner before...<g>...like he didn't know what to make of someone bearish...<g> bill didn't address ag.com and primarily focused on charts breaking down.

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