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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: stan s. who wrote (682)5/30/2000 1:18:00 PM
From: stan s.  Read Replies (1) | Respond to of 49816
 
AFCI, initial small buy on the low volume dip. Probably stop it at 42 at first, could see the low, mid fifties if the naz rallies for the next 2-3 days.



To: stan s. who wrote (682)5/30/2000 1:20:00 PM
From: Seeker  Read Replies (1) | Respond to of 49816
 
Stan,

Nice job on your site and thread. I have been away from trading for awhile but it looks like you are taking over for Kimberly Lee and have the integrity and discipline to pull it off.

I'll be lurking as my time permits and hopefully trading more in the future.

Good Luck and Good Trading,

Mike



To: stan s. who wrote (682)5/30/2000 1:30:00 PM
From: John F.  Read Replies (1) | Respond to of 49816
 
From WSW on Friday 5/26:

Frank Cappiello
expects 1/4 point increase in June with a neutral bias .. afraid the Fed may have
overdone it .. and is worried about a bigger than expected slowdown in the fall.

Louis Holland
thinks most stocks have had their bear market and thinks a lot of money will be made in the next 2 years as stocks move up. High on Financial Services and Health Care Stocks. Picks include Washington Mutual, Mellon Bank (MEL?), Jacobs Engineering (JEC). All 3 priced at growth rates and growing faster than the market. All 3 very very cheap. Re Greenspan .. thinks we are pretty much through with rate increases .. we may get another 1/4 point. "Greenspan does not want the party to stop on his watch."

Ralph Acampora
Moved from bullish camp to neutral 3 months ago .. stayed neutral for 4 weeks .. now bullish. Thinks we are nearing the end of this bear market. Banks are starting to hold up well .. Biotech crashed followed by the dot coms. Now it may get painful for the bigger name stocks .. since they are often last to get hit.

This week's WSW Guest:

Richard A Freeman
Smith Barney Aggressive Growth Fund Portfolio Manager
Fund outperformed the S&P 500 for last 15 years.

Thinks the capitulation happened this past week.
Picks include ...
Adaptive Broadband (ADAP)
IDEC Pharmaceuticals (IDPH)
Imclone Systems (IMCL)
Chiron Corp. (CHIR)

Has been in and continues to like ..
Intel (INTC), Tyco (TYC), Amgen (AMGN), Comcast (CCZ)