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

To: stan s. who wrote (689)	5/30/2000 1:39:00 PM
From: If only I'd held	Read Replies (1) \| Respond to of 49816

Hear that??? Internet ad spending on the decline. Watch what happens to Yahoo and AOL in the next few months.

To: stan s. who wrote (689)	5/30/2000 1:42:00 PM
From: Jack Hartmann	Read Replies (2) \| Respond to of 49816

Looks like QCOM broke some resistance at $68. At $70+ askresearch.com QUALCOMM (QCOM) 71 1/8 +5 1/16: -- Update -- AG Edwards upgrades to BUY from ACCUMULATE rating and price target of $120 based on belief that company is uniquely positioned to benefit from the deployment of third generation (3G) mobile wireless networks based on CDMA; cites continued strong outlook for mobile wireless subscriber growth, CDMA handset sales, and infrastructure deployment. Upgrade helped apparently. Jack

To: stan s. who wrote (689)	5/30/2000 1:57:00 PM
From: John F.	Read Replies (1) \| Respond to of 49816

How To Know When Market Bottoms .. from IBD on 5/22 On 5/22, IBD published "Lesson 14" from Bill O'Neal's latest book: 24 Essential Lessons for Investment Success. Stan, perhaps you or other thread participants can put Bill's suggestions to use here. For those interested, I will transcribe the article summary, as it appeared at the end of the 5/22 article in IBD: O'Neal, IBD's chairman and founder, constantly emphasizes that the best time to get back into the market is after a correction or bear cycle at the moment the market starts uptrending again. In order to do this, it is essential to be able to spot a market bottom. In Lesson 14, O'Neal discusses the signs to look for to detect a market bottom. - Bear markets create fear and uncertainty. When stocks hit bottom and turn up to begin the next bull market loaded with opportunities, most people simply don't believe it. - At some point on the way down, the indices will attempt to rebound or rally. A rally is an attempt by a stock or the general market to turn up and advance in price after a period of decline. - Bear markets normally come in two or three waves, interrupted by several attempted "false" rallies that usually fizzle after 1 to 3 weeks an occasionally 5 to 6 weeks or more. - Eventually, one of the rallies will "follow-through." A "follow-through" occurs when one of the indices closes up 1% or more with a jump in volume from the day before. This confirmation will usually happen on the fourth to seventh day of the attempted rally. - The Dow, S&P 500, and Nasdaq indices, along with the IBD Mutual Fund Index are your best sources for analyzing the market's condition and determining if a top or bottom has occurred. Also, observing how leading stocks are acting can be another indicator of a market bottom. - Most technical market indicators are of little value. Psychological indicators like the put/call ratio can help confirm changes in the market's direction. For those interested in reading the complete article, perhaps available at a local library, the complete article "How To Know When Market Bottoms, Let Indexes Confirm Bear Market Bottom" appeared in the "Investors Corner" section of Investors Business Daily on 5/22/2000.

To: stan s. who wrote (689)	5/30/2000 2:03:00 PM
From: Joe Hoek	Read Replies (2) \| Respond to of 49816

Sold 1/2 my FFIV - can't seem to stay up. Should've sold it to buy SDLI on Friday like I thought of, but I didn't want to sell it that low!!! dumb... At least now I have some cash if we pullback hard. Stan, see any good entry on AFCI? I'd like to get it a buck or two cheaper or a break above the days high for confirmation... AMCC doing real well today - consistent I'm surprised JDSU/ETEK aren't up more with SDLI, but I'm holding for higher prices Now if we can only have a good close to give people some faith to do more buying and get the volume moving... only 0.88 Bil so far