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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: debra vogt who wrote (56827)	8/20/1999 11:02:00 PM
From: John Madarasz	Read Replies (2) \| Respond to of 120523

Great reading here... Subject 24052 Best Regards, John Madarasz

To: debra vogt who wrote (56827)	8/20/1999 11:18:00 PM
From: Tradelite	Respond to of 120523

Re: market direction. Today's IBD made some interesting observations, such as: 1. VISX, the leader in the laser vision correction market, traded below its 50-day moving average early in the session [on Thursday], before recovering to close above the trend line. The 50-day often supports strong advances in leading stocks. It would be a bad sign for the market if VISX and other top issues such as QCOM and QLogic undercut their 50-day lines and roll over. 2. Although the market is more than 4 percent higher than a week ago, investment advisers are less optimistic, which in the world of contrarian sentiment indicators is a good thing. The percentage of bullish newsletter writers dropped again last week, while the ranks of bears increased. The gauges haven't hit extreme levels of pessimism that typically coincide with market bottoms, but they're moving in the right direction. 3. Although the big Internets had a seemingly impressive two-week rally, they haven't reversed their trend of lower lows and lower highs. [end quote from IBD] Presumably,Monday's edition of IBD, which arrives over the weekend, will contain some more up-to-date thoughts about the market, based on what happened today.

To: debra vogt who wrote (56827)	8/21/1999 3:00:00 PM
From: TWICK	Read Replies (3) \| Respond to of 120523

This Arch Crawford comes up on many threads. Scary if one mixes astrology, and religion with T/A. What kind of doom and gloom is he predicting ? Do you have a link to his predictions ? Twick

To: debra vogt who wrote (56827)	8/21/1999 3:45:00 PM
From: TimbaBear	Respond to of 120523

Well, Debra, I'll take a crack at that one....There is a good portion of the rest of the world that appears to be recovering economically and that will be bearish for stocks in general as speculative money goes to chase the potentially higher returns in other countries' markets....I think the Fed will keep a lid on inflation here which will keep the US economy strong too.....the dollar gets weaker and exports get stronger.....so what does all this mean to me? I think the companies here that don't have a business model that produces profits that increase will be punished by steadily dropping prices, and that this trend will become increasingly true as people get used to investing globally.... As far as the type of plays we do here, because of the way they are chosen, I don't think we'll see much of a change because our choices are short term earnings momentum plays....we may have to get a little more familiar with how to pick and play those most likely to disappoint and maybe we won't have the radical upside runs we've seen in past quarters, but I don't think the party is over at all....technology, bio-engineering, pharmaceutical, energy should still offer some great plays....BWDIK?

To: debra vogt who wrote (56827)	8/21/1999 11:48:00 PM
From: JLIHAI	Read Replies (2) \| Respond to of 120523

For what it's worth, I think we'll go sideways with an upward bias. Most major indices are in consolidation phases of long-term uptrends. If last year's weakness was a bear market, an end to the bull this year would make it one of the shortest bulls on record. As we approach Y2k, any nervousness about owning stocks by domestic investors could well be counter-balanced by foreign investors seeking safe havens. I'm expecting volatility, but I rather like volatility. Just one opinion. JL