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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: TraderXx who wrote (3661)2/2/2001 11:46:20 AM
From: Lane Hall-Witt  Read Replies (1) of 6445
 
X: I hear you. This market doesn't know what it wants to do. Stay happy and price in a Greenspan recovery, or get depressed with near-term news flow promising lots of pain? We may have a good chance early next week to pick up some quality fibers on weakness ahead of CSCO's earnings. I'm expecting some fear into the announcement, quickly shifting back to greed when John Chambers gives another rosy outlook for the long-term future: "Just close your eyes for a couple of quarters . . . we'll be back." CIEN around 67-72 again would be really nice!
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