Stock Attack II - A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Shread who wrote (2918)	3/14/2001 2:40:03 PM
From: Lee Lichterman III	Read Replies (1) of 52237

>>It's funny that they're whacking the "safe" stocks here; not sure what that means. << I wrote about that a while back and thought it could show when the end is near for the tech bear but I don't want to say that this early. If you look at a longer term chart of the "safe" stocks like MO etc. you will notice that they are a mirror ( opposite) image of tech. When we see those reverse in a sustained decline, and the techs start to move up in a SUSTAINED move, it should be safe to buy. All the other bounces are just head fakes IMO. I by no means am saying this is that time though. One day does not make a trend and I think many of those "safe" stocks have been bid up to insane valuations in the name of safety. I mean a PE of over 25-40 for 5% growth? Good Luck, Lee

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next