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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (65905)1/4/2001 10:50:57 PM
From: JRI  Read Replies (1) | Respond to of 99985
 
Bobby- What are your top 10 picks for the upleg (and why)...let us know, so we can pile on, and you can make even more money <G>

Whadda think of SNDK? I took a flyer on it today...I like the company, (digital cameras, MP3s etc seem to be selling well despite retail malaise), and is trading at 2x next year's likely sales..over 600m cash in the bank....and,from I can tell, some pretty good proprietary stuff...

Also, MLynch downgraded the other day..stock got crushed..since I've made good money going OPPOSITE of ML and stock is oversold on the stoschastic....I went for it....

Slicing and dicing welcome (from you or others)..TIA>.



To: bobby beara who wrote (65905)1/4/2001 11:33:44 PM
From: Gary Burton  Read Replies (1) | Respond to of 99985
 
bobby---how about March peak was III but IV will take longer than 10mths---the Mar/Jan drop being an 'abc' but that just being the A Wave of a larger triangle--to eat up time since III took a long time?--a la Temple's thinking I suspect? then of course we could now double top as the B wave of a larger Flat



To: bobby beara who wrote (65905)1/4/2001 11:54:43 PM
From: Sam Scrutchins  Read Replies (1) | Respond to of 99985
 
Bobby,

Look at the 5-day, 15-minute chart on CSCO. Do you see a reverse Head and Shoulders here, with a neckline from which CSCO rallied mightily. It suggests to me that a pullback to 39 or so may be all you could expect. What do you think?

Sam