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

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To: Jenna who wrote (6044)3/8/2001 9:08:42 AM
From: Jenna  Read Replies (1) of 6445
 
<TECH Sector> As usual we will be going short.. ALL the techs called as blimps and reiterated p/e's since end of September when traders were hard pressed to know what a p/e was and scoffed at our "Techno-Fundamental" analysis have come full circle all reached our lowered price targets. And we are pleased we were able to find 'em at the same time as the analysts were raising price targets, we were lowering them.

while bottoms were called over and over and we did get some good gains for intraday.. but basically we got every last one of them short! Funny after they've been pulled back now its "faddy" to call P/E estimates.. Hey folks where were you all September/October? November? December? And how about mid november the "calling of a bottoming".. Anyhow we stick with our NO HOLDING TECHS overnight as we have stuck by this for 6 months and thanks to posters like 2MAR$ and David Gore, that reinforced our opinions.. Way to go! Congrats! thread..
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