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Strategies & Market Trends : The Amateur Traders Corner

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To: Paul Kern who wrote (8147)4/10/2001 8:08:31 AM
From: Tom Hua  Read Replies (1) of 19633
 
Good morning Paul, MOT trades near an 8-yr low, I'd think all the bad news are pretty much priced in. Ahead of its earnings report today, if I were to take a position, it'd be long.

We're entering the earnings season which will set the tone for the market in the near term. Obviously MOT is an important one to watch. With the Naz sitting near 28-month low, it doesn't take much to fuel a bear rally.

Regards,

Tom
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