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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: jhg_in_kc who wrote (90)3/14/2000 8:49:00 PM
From: lawdog  Read Replies (1) | Respond to of 13572
 
Howdy, where's the buffalo?



To: jhg_in_kc who wrote (90)3/14/2000 9:02:00 PM
From: Boplicity  Read Replies (1) | Respond to of 13572
 
I would go back into both ELON and LHSP after the econ numbers this Friday. It's hard to say about INKT normally I would say the INKT being up in the face of today's selling would be a good thing, but today was not a normal day. The market seems wrong now, one of the keys will be if JDSU can bounce off it's 25 day line, if it can't then leadership will have to come from somewhere else other then the optical sector, since bio is dead now, looks like semis are too, maybe old tech. is back in vogue. But ORCL, CSCO have run far already. Can DELL and a select stories stocks carry the market? I don't think so. What worries me is if the econ numbers are bad, today will look like a walk in the park. Frankly I want the market to sell down BIG TIME, I'm having a very hard time finding stocks that keep going after break outs. PHCM comes to mind. starting watching 25 day lines on the stocks you like, many of the high fliers are going to hit them, in correcting market they bounce off them, if not then something worse is at hand and market psychology has changed.

Greg