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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: NewKit who wrote (4940)8/23/1999 1:06:00 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
NK:

On a traditional valuation basis the nets are overvalued... But on a growth basis they may be undervalued given their growth prospects... I stay with the leaders like YHOO, CSCO, EBAY, AMZN etc... While other companies fade away, these giants should continue to get bigger and benefit from the internet's exponential growth...

Waiting to see what happens tomw is a prudent thing to do... I'm a little more adventurous... I follow those moving average crossings and market breadth... I still have some money on the sidelines that will be put to use if the FED maintains its neutral bias...

Jim