Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject	1/3/2002 10:11:42 AM
From: Dave Gore	Read Replies (2) of 74559

Picks from Wed/last week doing well - MSFT, CSCO, BMC, even SANM. Missed buying GSPN and CNXT even though they were on the Watch List. SLR has hit target of 12 (bought below 10), but may hold a bit longer. Pick a semi stock and they are all up too. CRUS is a good, beaten down name on any pullback. Yesterday's Pick on my thread: MSFT: Message 16853273 SANM: Message 16853352 The big names are doing well in tech, which is important and gives confidence to others to invest in tech. INTC news is very good which bodes well for tech in general. Again, watch the reaction to the inevitable pullback, but a lack of a pullback at the 9:50am timeframe seems quite bullish. That Manufacturing report yesterday is probably the catalyst as I suspected. PS- Biotech/drugs weak, but they should go too, names like ABGX (2 strong buys today), MLNM (near chart support - recent high 35), and others. ONE NOTE: Remember one of the first rules we have - NOTHING IS FOREVER. Market is continuing strong, but unexpected news or earnings warnings may put an obstacle in front of us at any time. Don't be afraid to take nice profits. AS the Market goes up, Reward to Risk generally goes down.

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