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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: TRIIBoy who wrote (13135)4/1/2000 5:44:00 PM
From: Mad2  Respond to of 18998
 
TRIIBoy I believe the answer will lie in a shift in investor sentiment for tech stocks.
Message 13301531
IMHO record inflows have inflated values and expectations beyond the reasonable.
Message 13330130
Abby's comments earlier last week gave credibility to the notion that tech stocks won't go up forever......which frankly is the basis for owning them. Now that everyone's bonus has been paid out and is in the market and seasonal money flow slows the techs will loose altitde.....which will hurt both overvalued and reasonably valued stocks.
I wonder if anyone has any figures on how April 15th might effect money flow?
Best Regards,
Mad2
PS my pick is PDG......might be a bit early on gold but shinny days are ahead for the metal.



To: TRIIBoy who wrote (13135)4/3/2000 6:29:00 PM
From: Mad2  Read Replies (1) | Respond to of 18998
 
MDLK put in a respectable showiing today....up some 20%. Volume wasn't anything to write home about but its bucking the trend.
Mad2