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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks -- Ignore unavailable to you. Want to Upgrade?


To: put2rich who wrote (1271)12/30/2000 12:39:43 PM
From: Jack Hartmann  Respond to of 6924
 
Are you in for the long term or short term?

I'm in until the quarterly report on the Jan. 18 and then I'll reassess.

INKT in mid teen is probably a safe investment?

With no chart support on this one, it is a very high risk. A risk I'll take, as it is only 4% of my trading portfolio.

January bounce

Everything that was to be expected really didn't happen.
- No bounce when the funds closed out losers on Oct. 31
- No election bounce
- No Santa Clause Rally
- No lasting Fed bounce
- No bounce on the last trading day (historically 85% up day)

Whether the January effect happen remains to be seen. INKT must hold their earnings steady and give guidance of at least 21 cent for the year. Analysts are looking for 29 cents for Sep01 year but I think it is too high.

Jack