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


To: DebtBomb who wrote (23917)5/19/2001 6:52:02 PM
From: DlphcOracl  Read Replies (1) | Respond to of 37746
 
Dale W. et al:

Remember, I do NOT disagree with the notion that the technology sector still is overvalued with significant issues and lack of visible earnings going forward. All I am saying is that I think we may have a bit more of irrational exuberance on our hands for the ST. Whether this lasts 2-3 weeks or 2-3 months is unclear. I WILL say that I'll unload all of my tech holdings by the end of May in the event that the Q2 earnings are NOT shrugged off and result in a 180 degree change in investor psyche. I still think there is legitimate strength and upside in many small and mid-cap stocks that have GARP, especially in the utilities and energy sector and the healthcare sector.