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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: anyer who wrote (89332)3/21/2000 8:36:00 AM
From: Lane Hall-Witt  Read Replies (1) | Respond to of 120523
 
I've been working the transports the past couple of weeks on optimism about OPEC increasing production. I have mostly closed those positions now and would be inclined to return to the energy side if OPEC keeps squeezing. One way or the other, I'd be cautious until the OPEC picture clears up a bit.



To: anyer who wrote (89332)3/21/2000 8:49:00 AM
From: lee kramer  Read Replies (1) | Respond to of 120523
 
Anyer: Sure, it looks awful. But it'll end. The margin calls will go out, the buyers at Very High Prices will finally toss in the towel. We are in the midst of an extraordinary tech and bio revolution. Sure, do some shorting...but there will come a time when prices come down, stop going down, bases form...and the sellers will have all gone to Secaucus to commiserate with each other. Profits can be had on the buy-side. Stay loose, trade smart, always enter stops. (Lee)