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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (51658)7/20/1999 11:50:00 PM
From: American Spirit  Read Replies (1) | Respond to of 120523
 
Jenna, expect big recovery rally either tomorrow or the day after.
Tomorrow an excellent buying opportunity and a last chance to cover your shorts. Why do I say this? I feel it in my bones that we are headed for DOW 12,000 this summer until all stocks left out of recent rallies catch up. Why so optimistic? Because this is the best investment environment I have ever seen in my life. However, no market can go straight up. That is why we needed the sell-off today. But it was a climactic one and blew off most of the steam.

I see recoveries in drugs, sox, some nets, IT software firms, telcos, financials and small cap techs leading the way. MSFT will successfuly cross 100 then will stop again and let everyone else catch up. Tomorrow's hottest stock, Johnson and Johnson. I'm set to buy pharmas tomorrow after selling them last week at a nice profit.
QWST and USW undervalued. ATT and ATHM. CPQ (new CEO) and COMS, SDTI IATV CHRZ WIND, etc. etc. etc. Buying at today's lows was a smart decision for anyone who did.

And if I'm wrong you can hang me up and let me twist in the WIND.