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


To: bobby beara who wrote (39668)2/10/2000 10:34:00 PM
From: StockOperator  Read Replies (4) | Respond to of 99985
 
bobby,

The market rotation and volatility in just incredible. Stocks move in and out of favor in weeks. Out of the 200 companies I follow (mainly IPO's and Tech's) many of them are currently breaking out while others are now correcting from big moves made just weeks ago. Definitely a stock pickers market. Besides CMRC, check out stocks like JWEB or IGLD. Even the "china" stocks seem to be back in play after making big moves a few weeks ago. CPIH was huge today - CHRB and DCPCF are beginning to stir. You have to love that reoccuring pattern of big move and then tight consolidation before the next breakout occurs - IGLD or ADSP could be next. ADSP was a linux play of a few weeks ago, same type pattern. Speaking of LINUX, if this recent NAZ push has legs it should light a fire under this group. Stocks like LNUX, RHAT and ANDN are at critical points. Remember, I am watching 4510 on the NAZ, could be serious resistance or perhaps a speedbump. Too many stocks to follow -- getting dizzy <gg>

Good trading.

SO