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

To: maverick61 who wrote (46754)	2/6/2001 4:36:53 PM
From: Jane4IceCream	Read Replies (3) \| Respond to of 57584

In summary..... We have a perma bull and a perma bear on this thread. Glad I follow my own instincts for the most part. Otherwise, I'd be broke by now. Jane

To: maverick61 who wrote (46754)	2/6/2001 4:53:19 PM
From: American Spirit	Read Replies (4) \| Respond to of 57584

CSCO has 48% growth. Excellent. I know they missed someone's estimates by a penny but any company that can grow 48% in this slowdown is a champ. Very surprised by some of the negativity I'm hearing (only from shorts of course) including short artists TheStreet.Com with their "The King Is Dead" spin. "Dead" with 48% growth? LOL. As for SUNW being "dead money", does that mean it just sits there in this volatile market? Or it only moves 20% or so? Frankly every time I hear someone saying a stock is "dead money" it's anything but. "dead money" doesn't even seem to exist these days anywhere. Stock prices move quickly and sometimes extremely in today's market. SUNW was up 8 points in an hour when the fed cut three weeks ago. SUNW is also part of the QQQ so as that goes so will SUNW. And by the way if SUNW is "dead money" then what isn't? Expect IBM to go to 150 and SUNW to just sit there doing nothing? Or will the entire market just sit there? Maybe. We're certainly caught in a tight trading range lately. Anyway time will tell. But I take all negativity at or near the bottom with a big grain of salt. This week is a tech bull-bear stand-off. Back and forth and neither side can say with total confidence that they're on the right side of the trade. There are two many factors including the Fed. Never forget the Fed. They have a lot more clout that all of us put together and all the Street.Coms's of the world (whose short calls by the way are usually contrarian indicators). And no they don't have to wait to cut until March or for some tech bloodbath. They have a free hand to cut as much as they want now (for awhile anyway). I'm still long techs buying near bottoms but I don't expect stellar gains. Just give me a nice occasional pop and I'm a happy trader.