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Pastimes : Home on the range where the buffalo roam

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To: im a survivor who wrote (12731)	3/31/2004 8:38:58 PM
From: Boplicity	Read Replies (3) of 13815

I have to agree with you. I wouldn't use MSFT though. CSCO, INTC, IBM, even DELL those four are enough for me. One can't use MSFT as an indication of the health of the market due the uncertainty caused by the on going litigation against it. I would use a weighted index as it is, 40% INTC, 30% IBM, 20% CSCO, and 10% DELL. siliconinvestor.com interesting to note the action in CSCO, my fav. for indication for market direction. I would have liked to see more downside myself in CSCO. On a general note. I like the action the last two days. Yesterday being down through day then closing firm, and hardly any selling today, tells me that the marker appears to have come to terms with the current market direction. The market will be looking forward to earnings season for further indication of the recovery. One must take note of the lack of downside earning preannouncements, which I find encouraging. Watch the forward looking statements. It's not what they do for you today, it's what they will do to you tomorrow. <g> Greg

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