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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (25388)7/13/2000 8:49:16 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Lee, I meant I was looking for consolidation generally. Yes, I realise PMCS reports today. I think I'll just wait and see. I may take a little. But I have made good money on it these last few days, and I am reluctant to put too much at risk. As for the high PEGs and all that. Well, the market got cheap. Remember, pmcs traded at 110 (it was 160 last week!) SUNW at 68, etc. When Bobby B was declaring the demise of Stewart, well, that was the bottom. May 26 or so. I observe it was also the highest bearish reading per IBD. Nothing works all the time (Chris pointed that out to me recently!). As I have said so often-- I try to buy good companies when they have corrections/stumble. I look at the charts, of course. But selloffs get me excited. I'd like one today!