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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: Jerry Olson who wrote (93036)	4/12/2000 7:17:00 PM
From: Autumn Henry	Read Replies (1) \| Respond to of 120523

CNBC Trader Expectations: 3750 see if holds otherwise going to 3500 pattern expected to continue: Rally/Sell/Rally/Sell in the WEEKS ahead Block suggests 50% cash position (I believe he has been very accurate) And this last one which feels bone chilling: No Sentiment that the selling is overdone ***** I can't disagree. Told my son....when he asked about market and his positions. I said....who needs to buy? The view we in cash have is.....geez we were 110 maybe I can get it for 95....when it hits 95 I think well maybe I can get it for 85. Also psychologically.....the first leg down price on so many stocks like a scar from a burn or something. When you see you can get JDSU for 80 less than two weeks ago it is hard not to want to get it for that or less....those big gouges always set up an expectation I think of "why should I pay this when all I have to do is wait and I can get it for X". ** After market they say though NAZ is extremely oversold. But not enough puts of fear. And now generals are starting to get taken apart like CSCO and that is the beginning signs of a bottom that the generals are starting to get clocked. That was something I didn't know. They are unhappy there is not enough fear. I heard on it about a week ago them saying the best thing for the market would be 4 months of sideways. ** Autumn