Hey all.
I'm glad to see you're all still here. I think my last post was a month ago, so I don't know if any of you remember me. Unfortunately, I was involved in a major automobile accident about a month ago and was hospitalized and have been since recuperating. I am finally looking at the market again on a regular basis.
The market seems to be consolidating right now. My observations are that the DOW could slip all the way to 7300 before heading back solidly to new highs. On the tech side, I see solid big caps like INTC, MSFT, & DELL consolidating for the time being. They could establish short-term lows as this market slips.
The solid movers right now look like the ignored small and mid-caps. DIMD, CUBE, IOM, ADTN, PAIR all look solid. Some of the bigger caps that still look good are CPQ, BAY, AMAT, & SUNW.
Good luck all.
Muizz |
