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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (44500)1/2/2001 10:02:53 AM
From: carepedeum2000  Read Replies (1) | Respond to of 57584
 
this market looks stinky today, 30 year bonds up indicating flight to quality, adap selling below cash value indicating
really inept management, wmux looks like they will bail out of their deal, shorted amcc at 74 3/8 this morning, may get reversal at some point, but techs do not look like the place to be today, friday unemployment number is THE number this week that will make us or break us short term imo, i think im staying on the short side day trades today



To: Rande Is who wrote (44500)1/2/2001 10:37:17 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Microsoft, ,Nortel, Intel, Amgen, Biogen, Worldcom, Texas Instr, Molex, SanDisk, Lucent, the semiconductors . . . all having a good day today.

Anyone care to list the PEs of these for us?

By comparison, most every popular tech stock has continued SHARPLY lower since the pre-market alert. Some are now down as much as 20% today alone.

One thing is for certain, the scenario for 2001 that I spelled out the other day is playing out exactly as scripted. . . fundamentals and valuations taking an increasingly important role. . . and a stealth rally underneath selloff and boring Dow Industrials beating the techs by a LONG shot. . . all in the first day of the year!

Rande Is