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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (33008)10/10/2000 3:50:06 PM
From: tekboy  Respond to of 54805
 
Exhibit A:

boards.fool.com

Exhibit B:

go to Briefing.com and look at their "stock brief" section, where they did a survey on a question similar to yours and wrote it up a day or two ago.

tekboy/Ares@youasked.com



To: Boplicity who wrote (33008)10/10/2000 6:42:25 PM
From: StockHawk  Respond to of 54805
 
How far they have fallen:

I was reviewing some stock charts today, and while most everything is feeling the force of this downturn most of our G&K stocks are doing comparatively well. Looking at some other stocks that were mentioned here during the past year, the downfall has been devastating. For example:


Stock 52 wk high today

RFMD 92 28
BVSN 93 23
GSTRF 54 7
HLIT 158 11
ELON 113 25
CMGI 163 22
INSP 139 31



While these are by no means the biggest losers in the market, it is interesting that these are real companies, not money wasting dot com fantasies.



To: Boplicity who wrote (33008)10/10/2000 8:32:05 PM
From: solihull  Read Replies (2) | Respond to of 54805
 
Greg,

You will surely agree with this:

"The current market sentiment is a positive development for the intermediate to longer term, as this is a level of pessimism we have been waiting for since the market first started stagnating in March and April. This indicator can often be early, however, so a good deal of short term weakness (after all, it is October) may be borne out before the long-term bull settles back into place.

"So what does this mean for those trying to follow this indicator into a market bottom? Patience will be the key. Market technicals could mitigate the bullish implications of this growing pessimism. I say this because of the natural dynamics of sentiment analysis. That is, it's "natural" for investors to become pessimistic when the market has truly crossed into bearish territory.

"Valuable sentiment "reads" are usually contratrend in that it is not "normal" for investors to be overly pessimistic when the market is in bull mode. This makes the technical environment the market is currently facing even more important."

Best,

john