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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Joseph Silent who wrote (5031)10/17/2000 11:35:44 PM
From: J.T.  Read Replies (2) of 19219
 
Joseph, I think stocks like CMTN and COVD (one you dont mention) have overshot on the downside similar to B2B stocks like ARBA and PPRO did earlier this year and they came back stronger than ever...

These stocks will bounce back but the pain is great and fortunes and lives were/are disrupted, disillusioned and in some cases even destroyed to say the least...

It is not easy for those long to pick up the pieces and move on...

But CMTN (12 1/4 after hours?)and COVD (5 3/4 after hours)strong in DSL build-out should be bought and held for long term accounts in this bottomless pit...

Best Regards, J.T.
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