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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (3720)	2/4/2001 11:00:13 PM
From: 2MAR$	Read Replies (1) \| Respond to of 6445

<font color=blue> Girl<font color=fuchsia> Friday Just wanted to see what your name looked like up in "lights" Jane....hehe SCMR looked sick all week . I was noticing weakness even before the " Sell on the News" Fed announcement. And now we are doing the CSCO earnings~dance here, which CEO Chambers has already prepared us for ? Certainly for me , it was much easier to look at SCMR as a "short" and top-heavy in this climate earlier in the week, as the NASD did have it's fifth-best january ever , so a pullback was inevitable. But for SCMR after receiving almost 29 consecutive upgrades since august 25th , finally gets untimely downgrade by Wit Soundview , during the profitaking 2 days the end of the week. Also Epoch Partners downgraded SCMR after market closed Friday: biz.yahoo.com " The market is a scale now. That is the positives of fiscal policy and the Fed and the potential for a tax cut versus the reality of earnings which are not going to be good." It's just that certain days the market looks out beyond the second half of 2001 , where the Fed injection of liquidity into the market will turn things around....and there are those days where it focusses on the economy and slow downs right now which seem to be pretty ugly. So we are doing the CSCO dance here for one thing. ....and Stocks have generally done well over the last 40 years every time the Fed has been in an easing cycle, so? Place your bets! Maybe SCMR is a decent trading "Buy" , but you know me , I would rather be short but will scalp it long too. It's rarely off my screen. Remember WIT Soundview gave SCMR a $200trgt last August along with four other analysts ? sheesh! siliconinvestor.com **kind a makes you want to have gone short a few times along the way, huh ? ;-)