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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (46231)	4/14/2000 1:35:00 PM
From: American Spirit	Respond to of 99985

I'm not "bullish" just wanting to trim some losses by buying at the bottom for an inevitabvle bounce. Tough picking it but I have a feeling we've hit it today. Longer term the buys available today will be profitable. - To correct you though I was against buying high-fliers near 5000. Instead I bought value stocks. But unfortunately many of those have been hurt too in this overall downdraft. tech value has been my thing lately, and has proven to be less than profitable but not disasterous. I buy IBM, UIS, CPQ, LU, WCOM on dips. Today's dips are the steepest in recent memory and provide buying opportunities for those who aren't just day-traders. Just spoke to a money manager who told me some of his daytrader clients have been closed down by their brokerages. Heavy margin on high-flying small caps. Their equity has simply disappeared. Ouch. That's why today I'm buying the solid techs, WCOM, NOK, COMS, IBM, UIS, etc.