To: Daflye who wrote (858 ) 6/8/1999 5:40:00 PM From: James F. Hopkins Read Replies (1) | Respond to of 2103
D; I don't look at many stocks from the individual aspect, I do a fast compare and sort of composit..it's all about Mo Mo ( momentum ) for me. From time to time one will jump out at me as being grossly over bought or sold in respect to it's peers, ( sector ) and some sectors will start to look the same in respect to others. I just try to follow the money flow and guess where they will go with it next. -------------------------- Now as for IBM, it looks like the "split speculators" bought her prior to her split..much like they did MSFT..at any rate MSFT sold back off 15% and that was mostly the "split players" getting back out. I expect much the same with IBM, it may take another 3 weeks but we have that..target is about 105 to dump my poots. ---------------------- Amgn I don't follow at all. With this QQQ being my primary play, I look at what pushes her around the most, and try to guage sentiment by how the NUT's are doing. MSFT physically effects the QQQ per 1pt move more than if all the nuts together move 1pt, however the nuts are more volatile and as a grope signal the mood of the traders, so I watch them..along with MSFT INTC CSCO WCOM & DELL , in that order.. as the have the % of the cap to force the QQQ.. Then I poll Yahoo , Amzn, CMGI , & ATHM to see what mood the traders are in. I also check ( for the XLK ) Ibm , Lu , & T along with the first five. ATHM is the most over sold of the main Nuts, ( if you can say any of them "are" over sold ".. No one has any idea of what the nuts are really worth not me or any one else. I just know there is a lot of hype in them..in fact it's mostly all hype from both camps. And none of it makes a lot of difference if your playing Mo Mo.. Jim