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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (36072)3/8/2001 8:42:38 AM
From: 2MAR$  Read Replies (2) | Respond to of 49816
 
can't you short pre-mrkt ?

got CIEN @ 75 1/4 , and JNPR $62 ??

this will be buy the dip day...

Japan economy on verge of collapse..



To: DebtBomb who wrote (36072)3/8/2001 7:42:13 PM
From: SirRealist  Read Replies (1) | Respond to of 49816
 
Let there be no doubt here, the Titanic is going down but the band is playing as loud as it possibly can.

An exceptional post, Dale! It is the best analysis I've read this year, without question.

If anyone missed it:
Message 15465681

It's interesting to see the countervailing opinions posted today such as: >>9:24 (Dow Jones) There's a danger that folks are getting too bummed out over the economy, says Merrill Lynch chief economist Bruce Steinberg. While it's
clear the economy has slowed, there are still positive signs, and therefore too much worry right now is not a good thing, he says. (MSD)<<

That's right, being sensible & defensive is not a good thing.... for brokers.

But with the VIX at 26.46, I'd say the idea that consumers have no bullets left is half right. The real problem is few realize there's a war on ! Are we set-up for a fall, or what?

>>Recently, a growth fund manager who wished to remain anonymous said that he and his colleagues track Janus' top holdings very closely indeed. Their fear: owning those stocks when Janus managers have to sell them in giant hunks to meet redemptions. And today James Cramer explains a favorite pastime among hedge fund managers: betting against the top holdings of sagging mutual funds, knowing they'll have to sell when their shareholders give up on them.<<

Yup. When?

>>As always.....a tough market for all but the best intraday players.<<

Or an easy market for those holding cash, studying, learning.

>>slow death today ....market needs a miracle ;-)<<

Izzat you, Peter Pan? <VBG>

>>Geeez, I'm going to have to golf, stack wood, or finish my basement, or something.<<

It's nice that there are more productive pursuits. Really.

>>This storage dump on several downgrades seems so manipulated. Everyone decided to come out and beat the storage stocks or what. Not a warning in the lot in the last three up days. <<

And warning after warning... it seems like warning season has been continual since mid-November... isn't it amazing that not a single economist, CEO, CFO, broker's analyst foresaw even ONE of these companies sliding backward a bit... are we to believe they are that myopic? If they can't see more than 30 days out, what's the point of 12-month targets? (Hint: about the worth of PLRX + PETD x ETOY...)

2:23 (Dow Jones) Another thought from Lehman's Jeff deGraaf. The best way to play an oversold rally in stocks is to play the most oversold stocks. He doesn't necessarily recommend it - you have to make right calls on when to
buy and when to sell. That said, he compiled a list of the most oversold issues with above average betas and short interest/day's-to-cover ratios greater than three days. Among those on the list: RCN Corp. (RCNC), Brio Tech (BRIO), WebEx Communications (WEBX), Click Commerce (CKCM), and Wireless Facilities (WFII).


Verry useful info... 3 days worth, eh? There's a couple there not on my watchlist, which I'll add....

>>"There have been no findings of wrongdoing" by Park, his attorney added. As a settled matter, the case won't have broad-reaching impact, he added. "There's no real precedent here," said Sorkin.<<

Precedent will be when Abby bunks with the Lemming Brudders at a country scab prison.... Tokyo Joe is just a little guy, comparatively...

Gotta go. More later.