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

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

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To: Susan Saline who wrote (7932)	4/18/1998 11:09:00 AM
From: AlienTech	Read Replies (2) of 120523

Watch JBIL and RXSD, There was some block buying in both, One was 232K for jbil. I figure option expiration was keeping them @ 35 due to the large number of outstandign calls including 10 of mine :(. Sector fundamentals still seem strong so should be easy money without the stress :). If JBIL cant take out 36 in the next 2 days something is really wrong, same with RXSD. In which case they are good shorts :) Hey a 1/4 is a 1/4.. JBIL also paid for my brand spanking new portable so I could read pdf files from the internet :), unless it open at 30 tomorrow in which case the thing goes back to frys. But those who are more intrested in foreign things read IKE's post.. Nikkei-- Like a nemesis it still makes moves which flabbergasts me. I have such a aggressive view on Nikkei that I think by 1999 June anyone long Japan will be making finest returns. I expect P/E ratios to drop from 76 to 30 and earnings to growth to be reversed from minus 45% to plus 350 %. Although Comerzbank reports are more positive I have made them a little diluted. Lets get back to basic and try to see what Nikkei is upto. 16470 is a formidable immediate resistance. RSI at 35 can at 30 be one of the most screaming combination with a chart pattern clearly signaling a kind of long basing action. I recommend for long term view allocations to Japan. Banking and some good stocks see very little chance of test of old lows. However I must warn this is not a play for faint hearted but ofcourse I will keep Rayhan Zain Zachary education fund allocation in Japanese market expecting a good reversal and solid gains within few years. Remember Citicorp back in 90's a 9 $ stock picked up by Price Waleed just last week Price walled made a cool 1.5 billion $ on his 40 million shares. One of the most shrewdest investor his opinion is enter at a time when blood is on the streets he a Saudi is reliving Rothchilds investment game indicates the new vistas of global boundary less world. Wonder if Price Walled would mind giving me a loan of a few mil.. Hey I am good for it. And whats a saudi going to do with another bil in his account with all the other bil's? Message 4111367

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