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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Fun-da-Mental#1 who wrote (31635)	10/28/1999 12:30:00 AM
From: American Spirit	Respond to of 99985

There are many bargain stocks. You can't generalize unless you're playing indexes or a collection of high-fliers. Many great companies' stocks have been battered down already and won't fall much farther. These are top companies like UIS, IBM, LOR, ANF to name a few. They were overly punished for falling short of expections this last quarter. But they are priced low and have plenty of upside even against the general market. Even the bearish head of Morgan-Stanley on CNBC today was still buying selectively. Only he's a fool ignoring the tech-digital revolution. The biggest winners are still going to be the right undervalued tech and net companies of the near future. Therefore, I am buying these stocks trying to guess their lows. Amd just waiting. If it takes until spring fine. But by then I'll have a double. If the market crashes (which I don't think it will because everyone knows January will be +500 points at least) I'll buy blue-chips. Think positive everyone. This is the greatest economy of your lifetime and we're still in the middle of it. But timing and clever trading are still the edge you need. And some blind luck of course.