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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: McNabb Brothers who wrote (5384)9/21/2000 7:52:05 PM
From: Bosco  Read Replies (1) | Respond to of 30051
 
Hi Hank - are you still holding BVSN? Maybe it will be alright, since it is in the strong B2B sector. With CMGI having some good rev, the whole sector could benefit. I don't have why BVSN is a laggard though, maybe it is b/c of ALLR demise.

best, Bosco



To: McNabb Brothers who wrote (5384)9/21/2000 8:01:29 PM
From: Mark Ivan  Read Replies (1) | Respond to of 30051
 
Hank,

I'm sort of thinking in similar ways. Tomorrow may not be that bad. I think with the market being on the over sold side a bit, we may see some good short covering throughout the day. At any rate, I jumped into MU and INTC after hours for a short term play. My experience has shown that after hours trading is always carried to the extreme. Sure hope I am right.

Mark



To: McNabb Brothers who wrote (5384)9/21/2000 8:13:25 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 30051
 
>>I remember when everyone use to say that the markets could not move up much without MSFT moving up also, and GM and was a bell weather, so it could be that after a company becomes so big it looses some of it's staying power and people begin to redeploy their money in smaller companies that are growing much faster. INTC may be the next to fall from grace.<<

I postulated on this thread several days ago that I was thinking it was possible for the NAZ to forge ahead without the participation of INTC and to a lesser extent CSCO. I guess we'll find out soon enough.



To: McNabb Brothers who wrote (5384)9/21/2000 11:05:31 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Hank, I like your bravado, but in your place, I would look for real signs of a turn around, an extreme change in the tic from very negative accompanied by TRIN under 1.00 will do for me. I still think that we have a good 275 additional Naz points to go through 9as i said today before the INTC bomb), and if that creates enough of a negative reading in my sentiments indicators, I'll be jumping as well. In the morning, however, I will be looking at minimizing the damage 9and buying more SCMR around the $100 area if they give it to me <g>).

Zeev