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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: eims2000 who wrote (20051)	5/2/2001 11:34:06 PM
From: American Spirit	Read Replies (1) \| Respond to of 37746

I'm sure there are shorting ops, but I'm hoping/expecting a nice strong bull run into the expected Fed cut. Nine more sessions. I may trim off select stocks which feel peaky, but may also buy more/back on dips as well. Watching everything carefully. Radar tuned. If you saw my fearless prediction (AS basher bait) about this month I posted last week then you'll know the plan I'm trying to follow and maximize here. First tier, second tier, tech dogs then big telco. We're about halfway down that path now and maybe acclerating as we draw closer to the 15th. The first tier have already fallen once and risen again. They should stay strong because they're the first big names people buy. MSFT may look toppy at 70 but why not 80 for awhile? Only 38 PE. Not that rich. Anyway, if I'm correct we will have a nice peak mid month. Might even keep going for awhile. Signals for me of a top would be any of these: Naz 2450-2500, IBM at 125, WCOM at 25 or no more companies selling for below cash in the bank. If I'm correct then we still have another couple of pops to go. Baby Bells have hardly moved. COMS is now to cash value but smaller companies like SCNT aren't. After that I'm going to Europe, will probably go mostly to cash, oils, a few safe value stocks like VZ and forget about the market for awhile. SI will miss me I'm sure (LOL). I may even be out of the market longer as I have another Europe trip in July. August seems like it might be a good re-entry point. Those dog days. But just speculating. Who cares about anything but the next week or so right now? We're moving fast and furious toward my bullish targets. Every dog has its day including former loser me. I wish you all luck as well.