Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

STOCKTALK

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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LastShadow who wrote (7257)	4/7/1998 2:02:00 PM
From: Judy	Read Replies (1) of 120523

Market Outlook The market is flattening out and momentum is fatiguing, but liquidity and sector rotation will preclude any collapse in the short-term. Whether the flattening out is a topping for a moderate correction or a base for a run to a blowoff remains to be seen. I track 80 stocks across 6-7 sectors, and the collection has served well as overall indicators. My eyeball assessment of the spectrum of stocks often spots the overall trend and sentiment changes within a month or so. As an aside, the human mind is dominated by short-term memory. During Oct-Jan the market swooned and people denied the reality because of the summer rally. The market turned up in late Jan and, to this day, some people refuse to believe what the market is saying. And in the interim 4-5 sectors have rotated, the market is overextended but healthy for now. None of this matters much for daytrading, but it matters if one takes off for prolonged periods of fly fishing. Last, you still going fly fishing the rest of this week?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next