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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: westpacific who wrote (71679)	3/10/2001 3:06:32 PM
From: GREENLAW4-7	Read Replies (3) of 99985

Regarding EMLX< QLGC, BRCD, and MCDT am I the only FOOL who thinks these stocks are extremely, and I mean EXTREMLY oversold. Yes they have high P/E's but look at their PEG going forward. My G-D so many people are acting like earnings are NOT GROWING? This failsy will be proven in the next 2 quarters. Someone please tell me if we go to 1900-1950 lets say, where does EMLX go......19? 20? 21? BRCD......23? 24?26? .........QLGC 22? What happens when NASD bounces back to 2200-2400? How fast will these stocks go up 10, 20, 30 points from current levels? Can't anyone see this is a TRADERS MARKET, and this is why we bounced in January to 2900, this is why we bounced last June, this is why we bounced last July, its the degree of this downcycle that will make the bounce that much more powerful then anyone wants to admit!! Good luck to all!!

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