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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Dana Johnson who wrote (2303)1/31/2001 2:12:03 PM
From: Rich1  Respond to of 15481
 
hopes so DWA Big Report says to buy KLAC(43), and SMH(58) on pullbacks..
Right now we look to be selling off...



To: Dana Johnson who wrote (2303)1/31/2001 2:36:08 PM
From: The Phoenix  Read Replies (1) | Respond to of 15481
 
Dana,

I could see your argument - about the market buying the news. I just can't buy the "market sells the news", which appears to be what's happening. Doesn't it seem to make all investors stupid when we all say that the 50 basis points is already in the stocks... but then they sell off? What in effect we're saying is that more than 50 basis points is in the stocks and yet we only expect 50 points... Seems really stupid to me. Oh well...

OG