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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: SecularBull who wrote (31610)2/22/2001 7:28:51 AM
From: edamo  Read Replies (3) of 65232
 
loffy...."brcd/ntap/street understanding"

possible you are not reading the street reaction correctly....street is not reacting to a correlation between ntap and brcd, but more a parallel between high pe/valuation stocks, with underlying companies that may not maintain a perceived growth rate.....

when the future gets cloudy, the forward vision blurs regardless of sector....and with no knowledge of what lies ahead..................safety is sought...

better to avoid that which is in a down trend, until a bottom is reached and a basing begins....."easy money" that tom hoped for in his extr buy/write, can get a bit soggy as it plunges underwater....i hope that tom, and any who believe that easy money is attainable in downward momentum issues, can recover some capital....

good luck

ed a.
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