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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (116532)11/10/2000 2:18:07 PM
From: Jenna  Read Replies (2) of 120523
 
As we said before the open, financials and pharmaceuticals and very select battered techs were okay if you were long. This market is about as close to a rally as we are in bringing NITE and NTBK back to their prior highs. However, what will win out will be the stocks that trade at normal multiples, 'large cap techs'... and as always those save haven (but now they are also high flyers). Companies with nothing to offer will be edged out and only the strong will survive.
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