Good Afternoon Sonny: What is the name of the Y2K stock you are interested in? I am particularly bullish on this sector, because as the Year 2000 deadline approaches, panic buying activity may begin to set in as companies raise their bids to solve their own problems on a first pay first served type basis. Incidentally, the Y2K index is one of the strongest performing sectors of the market right now. Natural Health remedies is also very strong fyi.
Thought you might be interested to know my ratings on some of your stocks and ideas. Interestingly, FNM rates a 10 at the moment, ie. It has potentially 100% probability of moving higher, but that does not necessarily guarantee that it will be higher on Tuesday, but the odds are high and the rating means this stock will go higher barring some sort exongenous event beyond our control.
Obviously, the higher a stock has moved, the higher the risk, but if I start getting 10 ratings soon after a stock comes out of a bear market, this is usually an extremely bullish indication.
Case in point, I began getting 10 rating early warning signals on AT&T around the end of the third week in July, in fact it really surprised me how quickly indications went positive. Now look where we are today.
PFE also rates a 10. In contrast MRK rates an 8. Ie. It has an 80% chance of going higher, but is displaying weakness relative to Pfizer at the moment.
ABT rates a 7, just at the moment, although technically it looks very strong and appears to be on a younger bull cycle than its peers.
As you may recall I like PBI a lot, which has fluctuated between a 10 and a 5 during the recent sharp pullback and now is ramped back up to a 10. I consider it to be very bullish for a stock if it maintains a 5 or above during any kind of pullback like the ones we had recently.
Both Dell and CPQ dropped back to a 4 before the recent slides implying slightly more underlying weakness than the above mentioned issues. MSFT has been in a 10 mode during most of this rally. INTC rates about 5ish at the moment, but that could quickly flip to a 9 or 10 if we started moving back up over last weeks highs. Conversely, its bullish ratings would deteriorate somewhat on further weakness...
GLM rates a 9, but I have some strong underline downward signals that may kick in down the road. I would say it has a reasonable chance of running to the 25 area, but there is short term still resistance there. Of course some bullish move in oil perpetrated by Iraq could potentially give it enough impteus to move beyond that level.
Off Topic:
After reading about your back problems, I have been wracking my brains trying to think of the name of a breakthrough treatment I stumbled on and saved some time back. I thought I had saved it in the health section of my Net save file categories, but alas it was not there.
Then I remembered it had an X in the name, so I laboriously searched through all my X files, (gg), (thousands of 'em) and bingo I found it. It's called VAX - D therapy. This is not an endorsement of any kind or medical recommendation. I have no knowledge or experience of this product, but as someone who is prone to back problems and has a family history of same, I can tell you I have experienced a cruder form of this sort of traction with impressive results.
This treatment or something very similar was featured in KNBC 4 Los Angeles, by Dr. Bruce Hensel, their medical editor, about a year or so ago. As I recall he gave it a pretty good wrap, which sparked my interest.
Here's the link: vax-d.com
Dr.'s Adv link: pain.com
AcutePain lnk: sibley.org
Pain Mgt link: hospice-cares.com
These may be of some help to you. Again: These are not recommendations. For interest only.
I hope this is of some assistance in your search for relief.
A very good weekend to all
Rgds
Wiz |
