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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (44243)6/19/2001 8:35:58 AM
From: furrfu  Respond to of 56535
 
If his stock doubles in the next six months ajtj, if. I see that housing starts were greater than consensus and futures heading south. Only in the New Economy does this make sense.

Doug



To: ajtj99 who wrote (44243)6/19/2001 11:26:53 AM
From: LTK007  Read Replies (1) | Respond to of 56535
 
<Max, with the bubble reinflating Ellison will seem like a prophet when his stock doubles over the next 6-months.> not a prophet but just a head pitchman that causes these bubbles,imo.I can see it,people spend their 600 bucks tax-give-back which causes an ARTIFICIAL up blib in the GDP and the cries it is over will rock the street and we ride up only to then come down.All is ephemeral and hollow in the NASDAQ,i really worry for the people who entrust their money to those no-nothing type brokers(of which there be many) to use for them,these days.
A typical "no nothing broker",will say things like "sell your LUCENT Mrs.Grandma?,i strongly suggest you buy more,it is a steal at this price of 45." Max P.S. a trader on CNBC said moneyflow was out defensive sectors into techs today,and for out-of-the-money July call buying for ORCL was way above put buying--the herd moving about.