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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: sandeep who wrote (36788)11/30/2000 12:13:31 PM
From: StockOperator  Read Replies (1) of 42787
 
sandeep,

Let me just say that there are a whole basket of stocks that I believe still have 50% haircuts in store for them (to include the generals that you mentioned), all of which may play out over the next 4-8 wks. Some a lot sooner than later. So although I do see this overall tech wreck continuing and being broad based I just wanted to emphasize the point that each stock should be looked at and TRADED individually. I believe that is always the smart way to play it.

I will try to post an update over the upcoming weekends to point out stocks that based off their previous weeks trading, will exhibit the most weakness in the upcoming week. Hopefully this will point out the more immediate weakness in the stocks particular group. A good example would be to assess the chart for a company like ORCL which is up today when everything else is crashing around it, or like my call yesterday for CSCO.

Good trading.

SO
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