SI
SI
discoversearch

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 : Technical analysis for shorts & longs
SPY 681.43+1.6%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (36624)4/1/2002 10:18:23 PM
From: Johnny Canuck  Read Replies (1) of 67801
 
Market Environment for Stock Picking
( March 28, 2002 - Update)

TTD is finding more high-quality breakout stocks. Investors should be more aggressive, especially techs now. This is a time for investors to be thinking in terms of a new bull market given the lower rates being imposed by the Federal Reserve.

Short-term Bulls - The number of breakouts is increasing and many quality stocks in medical sector are doing well. . Investors should remain alert for more leaders moving out. Right now, many techs have advanced off their lows in September. They have good prospects for moving higher as earnings comparisions in the second half this year will be easy.

Long-term bulls - The Nasdaq had a major fall and many stocks have made bottoms and have turned up. It is a time for long-term investors to be buying stocks. However, try to look for those issues close to new highs and new leaders. Avoid going after battered winners from prior bull market.

Short-term Bears - You should be less aggressive. Definitely, do not chase stocks extended to the downside.

Long-term Bears - Go short only with stocks with a fundamental flaw and in a well defined down trend. The number of big short plays is starting to dry up.

http://www/tickertapedigest.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News