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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: country boy who wrote (2980)	2/9/2001 1:36:17 PM
From: E. Graphs	Respond to of 4564

Country Boy, Yup, looks like we had a technology bear market bounce after all. SOX may cave from here and go for a double bottom at 500......it's still a tough read. I am sure the Fed is going to do another surprise cut. I just think it's going to go directly to the energy sector. They are in the best shape, making profits hand over fist, paid down debt in lieu of production all last year! They are sitting in the catbird's seat imho. The Fed will keep the economy humming with easy money just so we can all pay our energy bills. Take a look at OSX. It may be making another run from here. This time with reason, because with all the new cheap money out there oil companies can take advantage and grow their businesses while other sectors/industries struggle to get out from under old debt and bad credit problems. JMHO. Re CIEN GLW JNPR charts need time to settle imho, although you seem to be skilled at taking advantage of whatever bounces. I prefer stocks breaking out from bases and making uptrends. I was hoping metals would turn up form a long base here, but so far I am disgruntled. However, one mining company (GNI,iron) just made a new high. ......and look at that divvy.......16%! finance.yahoo.com Re gold/silver: some say oil profits and spikes usually flow to gold and silver, so I am watching for something like this to be on the horizon. E