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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (117762)12/1/2000 2:25:32 AM
From: Dav!d  Respond to of 120523
 
Jenna, THANK YOU!

This is the only thread that I read on a daily basis. I don't have much time to keep up with the market since I am in school. So, thanks.

I posted last week saying that the VIX hasn't topped and that the market was going lower. I think that the VIX will top out soon (already has?) at $35.5 which is the upper trend line from March. There is a lot of negativism and I like that! The NAZ is almost at a good support level (either 2500 or 2200-2400). I cannot tell. I hope that we retest the lows tomorrow of 2500 or so so that we can have a nice rally into next week. The election crap will be settled and people will be excited for the January effect. I believe that we might have a SHORT rally back to 3000 with the Q's to $70-$75.

I am looking at buying the Q's calls tomorrow if it goes back to $60-$62 in the morning. SUNW is splitting on Dec 5th and that might be interesting for the gamblers. I guess the question is: How many earning warnings are out there and are they factored into the market already???

thanks again,

david



To: Jenna who wrote (117762)12/1/2000 7:24:38 AM
From: Dotty  Read Replies (1) | Respond to of 120523
 
Hi Jenna, is there a way to turn off the music on your page? It seems to slow up the loading process etc.
TIA...dotty