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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: Dave Gore who wrote (119964)12/21/2000 1:32:33 PM
From: 2MAR$  Read Replies (1) | Respond to of 120523
 
DCTM one heck of a bounce off the sell off $44 3/4 from $29



To: Dave Gore who wrote (119964)12/21/2000 1:47:19 PM
From: Dave Gore  Read Replies (2) | Respond to of 120523
 
Well, COMPX is not ready to go down (or up more) at least yet. Maybe soon. Readings remain quite stable but not exactly bullish. COMPX range has been extremely tight in the last 90 minutes.

TRIN at 1.11 (somewhat negative all day)
TICK bouncing around +/- 0 (up quite high again right now)
VIX about 34 (fairly bullish but questionable indicator; was almost 38 earlier so did signal a rally)

Some potential break up or down periods coming...will be interesting to see what happens. Most think it will go down from here but I am making no bets. Depends on whether tax loss selling is largely done



To: Dave Gore who wrote (119964)12/21/2000 2:20:09 PM
From: 2MAR$  Read Replies (1) | Respond to of 120523
 
BRCM) 83 15/16 -6 5/16 (-7%): AG Edwards downgrades to MAINTAIN from ACCUMULATE and lowers estimates; cites concentration of sales with just two customers (53% with CSCO and COMS), product focus on consumer and low end of networking market and anticipated difficulty in achieving growth projections.