EXTR, along with NEWP, BRCD, JNPR, SEBL, and others have shown what I thought was remarkable resilience during this last NAZ downturn. Just saw this, for who's interested:
Bob Walberg gives Market View and tips at Briefing.com
Comments on the market for 9-27-2000
Yesterday saw more worries about earnings, economy
Notes Yesterday's Large Caps on Defense
CSCO, INTC, AMAT, IBM, NT, LU, WCOM, MOT, YHOO all down yesterday
Outlook for next several days
Bearish
End of Q is good environment for just a small group of stocks with good relative strength
Identifies GLW, EXTR, JNPR, SUNW, EMC, BRCD, BRCM
When will things get better?
Thinks worst of selling is done, but Nasdaq still under pressure
Predicts October 10th's start of earning season is a date to watch for relief.
Thinks results will be better than expected and will calm down those worried about earnings |
