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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: DiViT who wrote (43545)8/3/1999 1:30:00 PM
From: Black-Scholes  Read Replies (1) | Respond to of 50808
 
IMO, the NASD is getting pretty darn oversold for coming off one the best performing earnings quarter the market has seen in years. And most analysts predict the up-earnings momentum is just getting started (i.e. Q3, Q4... will be better and better).

Soon (hopefully today), the market should have a violent rally. Even with a full 100 basis point move-up by the FED, the market is oversold. The CBOE put/call ratio is getting pretty close to having a fork stuck in it also.