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: Lee Lichterman III who wrote (7141)	5/7/2001 11:25:00 AM
From: Paul Shread	Read Replies (2) of 52237

Thanks, Lee. I think the big NDX was something like 37,000 short and 26,000 long last time I checked (April 24, I think), so it sound close to unchanged. I agree that the fundamentals are likely to get worse before they get better, but the market is betting on the Fed cuts. I think we're likely to go down into the 15th, but I've been saying that since last Tuesday. <ggg> Will be adding longs on or around the 15th, unless it looks like it could be a high. I think you have a turn coming this week, if I'm not mistaken. This rally has got to be running out of steam. 11,000-11,035 should be a wall until the market regroups. I don't like tech's fundamentals, so I'm focusing my buying in stocks uniquely suited to benefit from the current environment, IMHO. BA will be my top holding as of the next pullback (it's currently MSFT).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next