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Strategies & Market Trends : NetCurrents NTCS

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To: Dave Gore who wrote (4263)11/10/2000 1:18:00 PM
From: KevinMark  Read Replies (1) of 8925
 
Dave, remember when INTC came out with their earnings? Then the stock ran to 47 off it's lows, and every analyst raised price projections and growth estimates going into 2001 with the launch of their new chip. That's the same thing that will happen when all this mess with the elections are over. Every analyst will be, buy, buy, buy, and tech will be where you want your money. The markets will rally to 4000-4200 before years end, then we'll fall like a rock going into 2001 with all the lockup expirations coming due. That's my honest opinion, and that's how I will trade this market. I'm just watching blocks on my screen all day today, and will look to enter long positions for the remainder of the year next week, based upon what I'm seeing as of yesterday and today.

KM
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