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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: dwayanu who wrote (7050)9/30/2000 12:47:22 PM
From: idealist1  Respond to of 100058
 
dway, your points are well-taken on AVCI--market cap below 5B, trading range stability, etc. MSDW has set a price target of $155. If the bull runs again, the high of $174 will be retested and probably taken out. Take your profits and run, because the bubble will surely burst. On the other hand, much of the easy money may be history rather than ahead--selectivity is the key. The market is ruthless and can take away 50% overnight. AVCI isn't under the same earnings rules as old economy stocks, but earning are becoming increasingly important. BTW, I did very well trading AVCI in August, but have given back most of the profits in September.

idealist