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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: minorejoy2000 who wrote (39417)12/27/2000 7:20:16 PM
From: HammerHead  Read Replies (2) | Respond to of 42787
 
Pump them up then short in Jan when the worry of growth resurfaces. PALM was $56 less than 2 weeks ago, it tanked after the earnings (sold on news) even it beats the estimates by 1c. The same sentiment will apply to those remaining high PE after Jan earnings, IMO.
CSCO INTC MSFT ORCL SUNW IBM are flat today.



To: minorejoy2000 who wrote (39417)12/27/2000 8:48:26 PM
From: NucTrader  Respond to of 42787
 
You're giving me too much credit. I'm a daytrader only on (some) holidays when I'm off work, like today. I don't do afterhours or premarket, although I have that capacity, so I'm oblivious to what's going on there with companies like JDSU, JNPR, EXTR, etc. That having been said, the volume you're describing afterhours doesn't represent any volume buying, just trading (and speculation) IMHO. Today the NDX Trin (Arms) ratio decreased as price increased which was healthy - total volume was over 2 billion shares and there may have been some institutional buying but if so it was in small slices, not big blocks. LLL-great find! Looks like a company specializing in defense communications. With GWB in as president with a pledge to upgrade the military, may be a go!