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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: Jenna who wrote (93524)4/15/2000 2:44:00 PM
From: Scrumpy  Respond to of 120523
 
Jenna, I think you've stumbled upon the real reason the markets are pulling back - position, swing, and daytraders. I believe Anyer is overlooking this point. The exaggerated moves down are being exacerbated by the same forces that bubbled them up i.e. everybody piling in. The only real short-term "value" plays I make are earnings plays. Otherwise, it's momentum I seek, either up or down... which is why you, too, now short.

None of us here short because we honestly believe these company will go bankrupt (though some internets will). The weaker ones simply have the greatest propensity to fall quickly.

Unfortunately, I think some people who have been burned categorize this way:

God
Family
Work
Market Gems
Overall Market Direction

The last two item should be switched. The trend is your friend, as they say, and you should emphasize this to newcomers.



To: Jenna who wrote (93524)4/15/2000 2:50:00 PM
From: Jenna  Read Replies (3) | Respond to of 120523
 
Investor's Business Daily scurries to keep up with the ever-changing market trend and shows opinion changes almost daily in the section called : Investor's Corner

Friday April 7, 2000
"How to Answer Margin Calls, Sell Sell Sell

Monday April 10, 2000
"Don't Get Run Over Chasing Extended Stocks"

Tuesday April 11, 2000:
Patience Pays Off During Market Correction"..
...Beaten down leaders are making a comeback [Editors comment: really?]

Wednesday April 12, 2000
"Bad market Shows Beauty of Cutting Losses"..
...If you want to protect yourself from big market sell-off keep your losses small Editors Comment: What about the buying of the beaten down leaders you mentioned just yesterday and 'patience'?

Thursday, April 13, 2000
"Beware Of Recommendations in Bad Market"..
There's never a good time to listen to Wall Street pundits. But you really can get into touble when the market is rolling over... editors note: This is a good article ...Chasing Wall Street recommendations can lead to medioce performance in a bull market, it can be downright dangerous in a bear. .. Goldman Sachs analyst Abbey Joseph Cohen lowered her recommended equity allocation to 65% from 70% on March 29. But following that model still would have left you exposed to the Nasdaq's subsequent 22% fall.

Nothing special for Friday, but here Monday April 17th article is cool: "Watch Leading Stocks when Market Teeters"..

The point is what about 'patience in a down market?"..

Bear markets are a good time to look for the groups that will pace the next bull market. Well even a simpleton knows that .... Now they say the 'climax runs could not have lasted forever' to quote IBD. But what if you were still 'waiting patiently'?

IBD is a great paper and definitely means well without all the 'subjective commentary' of its peers, most notably "Barrons", but they still are a little late on the uptake.



To: Jenna who wrote (93524)4/15/2000 4:28:00 PM
From: lee kramer  Respond to of 120523
 
Jenna: Ho, hum. Sox 14, Oakland 2. <But if no one is willing to carry the burning torch and buy some of these beaten down stocks, we will never have a rally> You said this of course with tongue firmly planted in cheek. Of course we'll have a rally..the question is "when." I'll stick with my belief that volume is the key. 2.5 billion Friday...perhaps it'll take 3 or 3.5 billion Monday or Tuesday. (Lee)