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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Lee Lichterman III who wrote (39070)12/22/2000 2:37:43 PM
From: sandeep  Read Replies (3) of 42787
 
I am not long anything except the dow right now. I bought euros as a hedge for ndx-100 long which I put on at 2300. Now I am out of euros and ndx-100. Will buy in only on strength (close above 2430) or extreme weakness. TA is a good thing. I follow it really well.

INTC may have some downside, but seriously, the P/E is below 20 and do we really think that the company is going away ? This sort of pessimism can be reserved for high-p/e stocks which have shrinkage ahead of them. NOT INTC or JDSU or even QCOM.
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