To: Dave Gore who wrote (17420 ) 4/19/2001 11:50:07 PM From: American Spirit Respond to of 37746 We will rally again tomorrow on MSFT news. Despite Softie calling it bad news (boy is he being dishonest lately) it gave entire sectors new strength. My faves if you can get them without a big pop are NOVL and LOR tomorrow. These dogs haven't moved much yet. In fact any dog which hasn't moved yet should be looked at. And if there was no one selling after hours you know what that means. Shorts are trying to cover and longs want in at higher prices. At the same time. Almost no one's selling. I think the only reason Baby Bells are weak is that people are using cash for higher fliers. That money will return to defensive stocks after the tech dogs are finished rallying. But there will be little shorting from now on. If you short you may be on your own. People may profit-taking but they won't short. except those on this thread and Clownsville of course, which I'm still baned from from trying to save them money. One bullish word and you're out over there. I pity them. Friday - software, tech dogs rally, telcos start up Monday - last wave of buying high-fliers then some profit-taking but they remain high, Buying meets selling. Tuesday - the defensive and more boring stocks get more attention. Something like FON could jump 4 points. Wed - more of the same Thurs - more of the same Fri - maybe some profit-taking Week after - flat Week after that - back up as Fed cut looms. Fed cut week - one last big rally then profit-taking After that - up and down and flat. Value stocks. Oil stocks. Best techs. Rebounds. Still mostly up though if we're high enough thing market will hit some dog days of summer and wait until real positive earningds the next quarter. Assuming they get them back up again. If we don't then down. Here are my guesstimates for the year. Targets this year: LU-17-19 (or buy-out at 25), IBM-149, UIS-24, LOR-5 (buy-out or alliance), NT-29, WCOM-27 (or buy-out at 35), FON-31 (or buyout at 35), VZ-75 (after IPO), SBC-64, EMC-55, AAPL-35, GE-59, PALM-14, ERICY-12, NOK-40, MOT-22, INTC-47, CSCO-30, SUNW-30, COMS-10, ELNK-15 (or buyout at 20+), NITE-25, NOVL-9 Oils up 10%, Retailers - flat, Drugs - flat, Financials up 10%-15%. There will be plenty of buy-outs. Shorting candidates - very few, only short-term after extended rallies or on special situation bad news which isn't known about yet. You can see some are nearing that and a few will triple. The worst punished will be the best recovery stories and the most dangerous to short. Those are my calls. I've been right for the past 2 weeks so now maybe someone will listen to me. My crystal ball tells me so. But really, don't take my advice. These are just guesses. Do your own DD and take your own chances.