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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: j g cordes who wrote (31020)3/11/2001 10:43:17 PM
From: dppl  Read Replies (1) of 67835
 
Hi Jim, I agree broadly with what you say. There is doom and gloom everywhere and no one seems to be taking on board the positive news in the latest employment figures and the fed's buoyancy. They're just spoiling over a lack of interest rate cuts. Some stocks are really getting oversold here.

It's sort of hard picking winners in such oversold conditions because there has been so little bounce from any of them lately but GLW looks okay, watch AMD maybe INTC.. can't figure out RBAK or BRCD right now but sooner or later they'll need to unwind to the upside.

best

thomas
dppl
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