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To: carepedeum2000 who wrote (51830)5/31/2001 12:28:26 PM
From: jeffersonkeith  Read Replies (1) | Respond to of 57584
 
Not too late at all if your of the mindset that NVLS is gonna stink things up in AH and not to mention jobless claims get even uglier. Take a look at EXTR, RIMM, MUSE, CCMP and there are many more. These are a few I play as they fall quite predictably with the NAZ. Blimps like GOTO will fall eventually so I stick to those I know well. Been buying energy since yesterday, selling off for a week now it should bounce...I hope. All the best!



To: carepedeum2000 who wrote (51830)5/31/2001 12:52:52 PM
From: Michael Young  Respond to of 57584
 
Chip equips like NVLS and AMAT are acting like the good times have already returned. The valuations reflect an optimism that I believe is misplaced.

Bear market rallys can be sweet, but they don't last too long. I find plenty of longs, just not in the tech sector.

MIKE



To: carepedeum2000 who wrote (51830)5/31/2001 12:55:45 PM
From: Michael Young  Respond to of 57584
 
If this were the early 1980s, threads on SI would be full of investors predicting recoveries in energy stocks. But it took over five years for the sector to find a bottom.

Even "plugged in" guys like John Connally were bankrupted by bottom fishing "bargains" in the sector.

Love dies hard, and the same thing is happening in technology.

MIKE