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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (46538)3/30/2000 8:30:00 AM
From: coug  Read Replies (1) | Respond to of 94695
 
Hi OJ,

I'm still in the bullish camp also, waiting for this cycle low, as you and Susan indicated last week, to run it's course.

My Indicators, momentum based reached new highs on this recent run, and that indicates, a new high or close to it, will be reached again on the the SPX. If the magnitude of the momentum is equal, we will have another run after a pull back.. In other words, we have to have SIGNIFICANT negative divergence in the moementum to negate the overall run.

I have been trading two new semis, QEDI and SLAB quite successfully plus a new old favorite, NANX in a different field, Nanoparticles.. Quite interesting play. Out of all if it yesterday near 18.00, now afraid it is going to run and I will have to chase it down..

Actually, I expected today to be the start of the Up-leg as some of my 15' stuff started to turn up late yesterday.

Good luck and we will see..

coug



To: Jerry Olson who wrote (46538)3/30/2000 8:57:00 AM
From: HairBall  Read Replies (2) | Respond to of 94695
 
OJ: i am long..very long...and lovin it...oh yeah 1 more thing..almost every P&F indicator is bullish right now...and from very oversold lower levels...

my 2 gift picks for this wonderful thread....

YHOO-AMZN....Haim should love this(no need to reply pal)...buy them both this coming week....

my warmest regards to all that live and lurk here...


Message 13284108

After such a generous couple of "gift picks" I checked your posts and noticed no mention of selling AMZN or YHOO.

You still holding them?

Regards,
LG



To: Jerry Olson who wrote (46538)3/30/2000 9:01:00 AM
From: Michael Rich  Read Replies (1) | Respond to of 94695
 
hehe.....still race dogs?

We are doing very well....thanks to the stock market.
You know our favorits from way back become multi-baggers.
Semis...bios...nets...amazing!

Now on NAZ...hard to quantify the move by index alone.
You see MSFT and INTC are part of the DOW now and I like them very much. I only feel that serious money wil be lost in some of the highflying stocks...we got that once or twice a year. No big deal.

Biotech has a real future....no doubt. However, big pharmas are the ones that will make real money from the technology/science advance. Keep that in mind, my friend.