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


To: Paul Shread who wrote (30274)9/19/2000 5:59:17 PM
From: adcpres  Read Replies (1) | Respond to of 42787
 
Paul, I assume nothing. It is quite possible this rally could continue but given the past few months where stocks were run up before earnings and then sold off after earnings were reported makes it impossible to predict how the chips will react on JBL. I prefer to hold mostly cash at the end of the day any more and not take chances. Of coarse if things keep going, I will leave money on the table. I left a lot of profit today by selling too early -- guess I am too nervous. I do not have the optimism and manic disposition that we seem to find in DMP.

For all concerned, I hope the run continues, however the long view as far as I see it does not look good. Earnings have to slow and oil prices could be a wild card yet to be played. I don't want to get stuck if this rally and others to come turn out to be nothing more that head fakes in a BEAR market. We could be in the initial stages of one and not know it.

For the very long term(years), I do see the NASDAQ going up since the world is becoming more technology driven and the market will reflect that. But I see a rocky road ahead before it becomes clear sailing. Just my opinion. GH