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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: John Carson who wrote (50391)3/12/2001 10:29:29 PM
From: robert b furman  Respond to of 94695
 
Hi John,

Thank you for the Put/Call Ratio info - greatly appreciated.

WOW GE Now there is the gold brick blue chip that could change the world.

As far as the DJIA breaking 10,000 - I'm assuming it will do that on the open. Let's face it there are many an investor stretched out on margin and all the lems who were taught to diversify - by blue chips well todays little panic was designed just for them:

1) MSFT down 4 3/4
2) INTC down 1 11/16
3) Orcl down 1.19
4) CSCO down 1 13/16

So much for the 4 horseman ALL CREAMED on a day the NAZ broke 2000.

I'm thinking the DOW will break 10,000 on the open.Strike # 2 for fear @ 8:31.

But you may be on to something with GE. If Jack Welch comes out and says our investment in IT will lead us to greater margins on expected sales - well that could do the turn.

Watch the SOX - semi equip stocks were bastion of strength stayed up almost all of the day . Box makers too.In a relative way they were holding.

siliconinvestor.com

Strong stocks now ,will be the leaders out on the next cycle.

GE has enough stripes to do it. Seems to me BIG BLUE TURNED IT AROUND IN 98 DIDN'T IT???

I wonder what time that conference comes out - could be pivotal. Great suggestion.

Thanks again for the info on put/call.

SI is a great resource of smart sharing people.JMHO

Bob