Rich:
:
<<< I think the market may actually be starting to broaden out a little>>
Its nice to see that happen , with the whole market taking a verbal beating by Ralph and friends for the last several days. The picture on Quote Com looks very good, with our favorite SI stocks on the volume list, and the 'highest up list' being mostly tech,tele,and web stocks
My three indicators, seg,wdc,and, qntm, are all up--
which means the investors have no problem seeing a continuance of the computer and storage sytems growth and will invest there even if earnings are nil at the moment.
..I do think its a bit unfair that Dell has to show the way on making money tho. I don't worry about Dell, but I am concerned when
money starts to leave the techs, and that hasn't happened to a damaging extent.. As long as Yhoo,Aol, Amzn, Gtw.Cpq, Dell continue to show that huge percentage growth and some profits,
there will be plenty of money available to which will "bet" on possible future outstanding return rather than hide in banks or bonds.
If it seems discouraging that Dell is down, try looking at recent performance of BAC,NOC,BA,and some other blue chips
( Now its somebody else's turn on the soapbox.)ggg
Sig
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