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Strategies & Market Trends : The New Economy and its Winners

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To: Wizard who wrote (10777)	3/8/2002 1:12:17 PM
From: techanalyst1	Read Replies (1) of 57684

You're exactly right on the chart formation on the naz on a longer term chart. But you should know that it's not a confirmed pattern until the neckline is broken to the upside. Some stocks are undervalued because the street hasn't factored in upside in earnings. The telcos? Who can tell what earnings will be? I don't think the analysts are going to get it right any more than they did at the top. I still think that they're an important sector for the econ. TA

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