MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Dave Kiernan who wrote (75436)	4/19/2001 12:34:05 AM
From: American Spirit	Read Replies (1) of 99985

No I think today's buying was just concentrated in the best name techs. Some of the lesser more maligned names also did pretty well but they're definitely lagging. And if you can assume that all bad news has been priced in then they're the better bargains now. The trick is finding a dog you feel relatively secure with and jumping on it fast enough. I jumped on PALM, UIS and NOVL yesterday which paid off. Now I'm looking for more but won't know until I see opening prices. I'm already on margin long so I'm not desperate to buy more but I have plenty of borrowing bpower if I see something I like.

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