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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (21381)6/7/1999 11:02:00 PM
From: Electric  Read Replies (1) | Respond to of 42787
 
dennis,

Good luck on RFMD. I cannot say that I would be willing to get into that sector. I think the downside is more possible than any upside. Remember that MU is in this group, that alone makes me shake.. that and MOT. Two companies that I cannot/do not trust to make earnings regularly.

DELL is dead until the PE slows down, after another earnings cycle. I think they need expansion into other product areas now, or they may stay here for quite some time. Interesting seeing it kicked around like it is.

As for a continuation rally, I dont buy into it. We need some substance to make me think there is more to go, in general that is. I think the indicies are too high still and we ought to see more of the same.. tomorrow might be up, but look at the last month for the real market (NAZ/S&P) very choppy. Futures closed down 4.5 so tomorrow we ought to rest a bit.

I would not touch AOL until it gets to 75.

My Jazz got punked, so now I have to root for the Spurs. Taking the Spurs in 6, maybe 5.. Any one want to say differently?

Take care dennis, I am sure you are doing wonderfully..