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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: lee kramer who wrote (84442)	2/24/2000 2:41:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 120523

Lee gee i had a pleasant lunch...<g>.. as of right now..all P&F indicators are basically negative and moving lower.. but we are very oversold here generally..not on the NAZ...but everything else.. i see little risk on the downside when we are at these lower levels... not saying we can continue down from here but...not much more... Lee there are very few sellers...all thats really happening is a rotation of funds from the smokestack stodgy slow growth stocks , into tech...it's that simple... so while things LOOK bad..they are not..fundamentally we are in the greatest bull market in history...and it's going to continue up... corrections, pullbacks are NORMAL events in the scheme of things... we can, and should, buy all dips in high quality stocks... the semis rule, bio techs are correcting, nets are moving back up..tons of small caps are rallying nicely... all in all it's a market of superior stock pickers and traders, others will get whipsawed and lose large money trying to trade these wild market swings....the novice investor trader will sell at these bottoms and buy at the tops...while we do just the opposite... some people should just stand aside for now... as for this good group??? hey what ever turns ya on....