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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: kendall harmon who wrote (114850)10/7/2000 5:51:57 PM
From: Jerry Olson  Read Replies (5) of 120523
 
Kendall and All Gemmers

we've been seeing these charts for months...nothing in hindsight for us...we've called this direction correctly for all this time..i have been shouting to sell all rallies for 2 months now...and have not changed my mind...

no less than 11 indexs broke supports on P&F on Fri..

i think Mon or Tues we'll bottom for now, rally back up again to resistance overhead, and then tank to lower numbers later this month or early Nov..

the earnings plays and WL will help thru this morass...

it seems prudent to tune out the noise...and CONCENTRATE on 4-5 stocks..no more than that each day..with top priority Jen's picks for EP's..

we are obviously in a downtrending market with trecherous whippsaws..preservation of capital is of the utmost here...

nothing else matters but to have money to trade with first and foremost...

regards

OJ..

PS I'LL HOLD A CLASS MONDAY EVENING AT 7.30...
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