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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (24448)	4/7/2001 12:23:11 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Ken, NG prices are much higher than year ago comparisons and remain high on a historical basis. That translates to higher profits and better bottom lines for NG stocks. Demand is still outpacing supply, even with the economic slowdown. NG and overall energy sector continues to be a good place to park your money. It's difficult to find upward earnings revisions for any sector other that energy related. Tech stocks are still vurnerable. We're going into an economic recession - a global recession. Slowing consumer demand, increased inventory, increased unemployment are all indicating that we've got some problems that won't be fixed merely by lowering interest rates. Sergio

To: Ken W who wrote (24448)	4/7/2001 1:15:29 PM
From: JoeinIowa	Read Replies (2) \| Respond to of 29382

Ken/Sergio, My main point on CHK is that at the 7.50 area the risk would be much lower than most stocks because of the solid fundamentals. NG is going to stay up for years because of the higher demand. Even if the stock goes down someone will eventually come suck them up. They are getting more attractive all the time with the latest refinancing of their debt. For a safe play if they retouch the 200 dma I just can not see how it could go wrong. On the other hand any of these techs could blow up in your face so quickly it makes your head spin. I look at some of the ones I have traded and just can not believe the support levels they have violated(RFMD, EXDS, COMS, MCLD, CNXT etc...). I did end up buying some LGND as I really like them in the biotech world. They actually have a goal of making money. LOL. Anybody want to come up with lists of our favorite picks for when the market turns? Joe