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


To: Softechie who wrote (30258)7/7/2001 8:28:43 PM
From: besttrader  Read Replies (1) | Respond to of 37746
 
AMD and EMC showed traders REALITY. Crash time.



To: Softechie who wrote (30258)7/8/2001 8:58:08 AM
From: Bid Buster  Read Replies (1) | Respond to of 37746
 
i think you'll find COT shows commercials are net short...this last bear rally (and it was a good one) was driven by short covering and company buy backs with a dash of retail chumps thrown in...market bubbles don't bottom with valuations still above historic mean..nor do the bubble leaders recover first in a recovery.
sorry to say, but tech will recover LAST in the recovery..when NO ONE wants to buy tech that will signal a bottom for me and i'll start buying..
oh, and softboy..you have picked a few long term winners in telco's...but you have a lot of losers that will be bk in 12 months..i wish you luck.