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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 (93734)4/17/2000 1:51:00 PM
From: Jerry Olson  Respond to of 120523
 
Bond at the high of the day TYX...negative...

things do not look good here...lots of whipsaws...

i'm sitting this out till 3.30...3.45



To: Jenna who wrote (93734)4/17/2000 1:55:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
MOT still looks overblown, but NVLS,PHCM, SCMR, RDWR, CMGI,and VRSN, I'd consider for rebounding in the next 3-4 weeks.



To: Jenna who wrote (93734)4/17/2000 2:01:00 PM
From: Andrew G.  Read Replies (2) | Respond to of 120523
 
You don't have to guess about where we are going today. It's already clear:

Step back for a minute and look at the indexes & some top tier tech charts.

quote.yahoo.com

If we imagine today's index charts on a piece of rubber, you could stretch them out and have almost the complete chart for last Thursday. Do we really look good for the rest of the day ? I don't think so.

If today was going to be the day for bottom fishing where is all the money to buy ? There isn't enough. Everybody who is participating in this market with any astuteness is doing precisely what you people are doing.

For those with so-so day trading skills, there is no leverage in day trading this market outside of pinball dexterity in placing orders.

I've decided to retract from any participation in the market for now.

Wishing you all the very best in your trading today.