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To: Larry S. who wrote (20319)7/24/1999 2:07:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 53068
 
ron ... congrats on the 'big' fish

he says ... what I am thinking ...

To: +Wang Wei (27750 )
From: +Les Horowitz
Saturday, Jul 24 1999 9:24AM ET
Reply # of 27761

The markets are no more worried YET than it was in February or in May. The market is selling off the big cap stocks first again because of overvaluation and interest rates. In the May decline, the 100 largest stocks in the S&P 500 had a 20% correction on average. It's been interesting to see the intraday rebounds in the indexes with the TICK recovering but the advance/declines staying very negative at 1-2 or 2-3.



To: Larry S. who wrote (20319)7/24/1999 5:02:00 PM
From: MMK  Respond to of 53068
 
OK Larry...I am going to step up to the plate here with a few picks based mainly on tecnical views...(the fundamental mumbo jumbo really messes me up :)) I will look forward to any comments.

QCOM...some interesting reading on QCOM thread and 56 chart thread about it falling to around 100 mark over a 10 week period. The stock had some unfavorable comment recently by H @ Q according to the following post. I could not find the actual report in Yhoo news for verification.
Message 10613542

chart: iqc.com

GTNR...had nice basing at 5 1/4 level then recently took off to just under 8 and is now coming down. Looks to me that if it retests 5 1/4 area, may be a good play for target under 7 area

SNRS...may need to wait a while for it to find its glasses, but it fell 11 points on Fri after FDA rejected its farsightedness treatment.
cbs.marketwatch.com

chart: iqc.com

DURA has been falling since first of July and tecnicals appear to be turning

chart: iqc.com

MMK