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Strategies & Market Trends : The New Economy and its Winners

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To: Wizard who wrote (9628)	11/13/2001 6:37:11 PM
From: techanalyst1	Read Replies (1) of 57684

I guess so. I'm assuming that if earnings are not super, companies will trade in a range while earnings improve. (Like the semis did in the spring). Most stocks have done that for years anyway even if the ranges were larger and more jagged than I care for. I don't really care if we go up or trade in a range. No, actually, I rather be in a range. It's easier to figure out where to buy and when a breakout occurs, the longer the base, the stronger and longer the uptrend will be. Bases are times to accumulate stocks. At least now I don't feel like the base is a thin balance beam I have to navigate and worry I'll drop off of. I'm happy. Even though it sounds like ceo's are more cautious on the economy, than I am, I bet we're just fine.... and I'll be able to figure out where to buy stocks again and feel ok holding them. TA

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