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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: powershred who wrote (250)10/4/2000 2:25:43 AM
From: Rob S.  Respond to of 8925
 
Yes, always still learning. Technical analysis kind of grows on you. Indicators and systems can make quick work of shifting the wheat from the chaff but the marshalling those brain cells to creatively make sense of it all is an art that computers only aide.

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Good luck - I think the next few days will be very interesting. Maybe we have finally reached the stage of market capitulation for the once bloated tech sector stocks. This has been a year of market sector divergence more than collapse. The S&P mid cap index is still up something like 20% for the year after several quarters of not participating in the bull market while watching the tech heavy NASDAQ and sectors launch to Bizarro World and beyond. As I remember more than one analyst say; "Yes valuations are high but you 'just gotta have' Cisco, Yahoo, Amascam, etc. in your portfolio even at these prices (in March-April)" Perhaps the a little more panic selling and it will be time to go long on the hottest tech wonder stories once again.