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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Berney who wrote (7049)10/17/1999 5:10:00 PM
From: Trading Machine  Respond to of 11051
 
Yep, it feels good to be in cash!

I put Bessie on a monthly Metastock chart and it looks like it could go to 6 1/16 and still be within the trend line support. So we shall see.

Yeah if CSC will get on a tear and let me out next week (with a profit of course) there are some reallllllly good plays shaping up, or are already there.

The enclosure is off the boat, now all we have to do is clean up the mess and put the bottom paint on and over the side we go. Boy it will be good to get this puppy back in the water!

Have to do my bianual flight review this week so I will have to take off a coupla days for that and some other stuff.

I'm gona go play with Steves' suggestion on Metastock. grrrrrr

CU peu, peu PK



To: Berney who wrote (7049)10/17/1999 6:59:00 PM
From: MonsieurGonzo  Read Replies (2) | Respond to of 11051
 
TB:" Barron's goes bottom-fishing..."

...they pick a dozen stocks with "P/E's = ~10"

ALLSTATE

BANK ONE

FEDERAL-MOGUL

FIRST UNION

MATTEL

MAYTAG

RAYTHEON

SEARS ROEBUCK

SERVICE CORP

V.F. CORP

WASTE MGMT

XEROX


-Steve



To: Berney who wrote (7049)10/17/1999 11:50:00 PM
From: bztrader  Read Replies (1) | Respond to of 11051
 
Berney, my first post to SI! I probably should have taken KB as my handle, but didn't want to self-inflict the negative vibes from "Kamikaze Bob". However, I fully expect to be addressed as such.<g>

Thanks for the kind words. Went to cash by Wednesday of last week, even dumping a few losers which I had been carrying from July. It feels great to watch the market drop like this and just not care (except of course for CSC which has TM by the tail). I don't know if I'm "playing this one like a musical instrument", but it sure is better than getting beat like a drum!

I will put your picks on the tracker, but must warn you that I am out of town most of the week. Its probably good to be away from my desk during trading hours, as it will keep me from jumping in too soon. Glad you closed the week out with a profit!

Bob