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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: 10K a day who wrote (75163)4/17/2001 3:24:59 PM
From: Robert New  Read Replies (3) | Respond to of 99985
 
Disappointing not to see more of a selloff after the CSCO report. No doubt that Chambers gave warning of this with his public statements however the magnitute could have not been known by most. Nevertheless I will take it as a positive that we are treading sideways on light volume after the runup last week on much stronger volume.

Still looking to accumulate in the software and storage sectors on weakness.



To: 10K a day who wrote (75163)4/17/2001 3:39:41 PM
From: t2  Respond to of 99985
 
CALL ME PARANOID

Look on the bright side; we are about to enter the rally phase. Csco is history and Intel will be out of the way.

As long as Intel does not file for chapter 11 like that utility, I think the market can go up tomorrow and for a while. <ggg>

Waiting for those bozos or "clowns" to capitulate and cover their shorts. They will sooner or later.
(yea, I got banned for being too bullish <g>)