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


To: Rande Is who wrote (47181)2/11/2001 4:35:10 PM
From: Softechie  Read Replies (1) | Respond to of 57584
 
I believe we WILL see a V-bottom this time...

Oh boy...Watch and learn from the market. I assume you haven't been in a bear market before.

More layoffs from tech companies to come. Watch. Like Fleckenstein asked, why would companies laying off people when they know they will have rebound 2H this year especially in high-tech market and tight job market for skilled personel? Businesses plan year ahead and they see much more slowdown than you think. 2 rate cuts didn't do the job and I expect AG to give another 50bp in their next meeting end of March. Remember fundamental law of market: supply and demand.



To: Rande Is who wrote (47181)2/11/2001 4:58:28 PM
From: DlphcOracl  Read Replies (2) | Respond to of 57584
 
Is there a particular level on the NASDAQ where you would be aggressively buying some of last week's beaten-down tech stocks? 2300? 2100? 1900? Are there any tech stocks that look "irresistible" at current levels? FWIW, the ones I'm tracking are: ADBE, GLW, ADI, NEWP and MERQ.