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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (79755)	7/9/2001 9:17:05 AM
From: t2	Respond to of 99985

VRTS and VRSN are two of the biggest liars still left. Total crap. When a single company in a sector says everything is fine it is 100% horsesh*t. Look at CIEN, kept saying everything was OK OK OK. Well the market no longer believes it. Just depends upon which sector you are talking about. Agree that CIEN is doomed...sooner or later. Bad sector that will eventually force them to warn (imho). Feel the same way about JNPR and might short rallies. What happened with AMD is going to happen to Cien and JNPR because their bigger competitors are going to take back market share...in all 3 cases. That is why Intel is my largest holding. Willing to wait to buy Cisco types. I disagree that a storage software company like VRTS is having problems. If hardware sales of storage servers do not gain significantly, there would be a reason for companies to buy the software to get everything out of the hardware. I have been saying for a week or two that Intel is the stock that is going to lead the tech sector higher. PC recovery story is very close. It is not about the X-Box...it all has to do with Windows XP resulting in the PC upgrade cycle (last one was ahead of Y2K). Do you know what is happening with the internet stocks like PRLN? I was just amazed how Priceline was gaining. What does that mean? I have always looked at the high valuation of internet stocks as a support for other tech stocks...feeling that if investors are still willing to buy the dot.coms, they will be more comfortable owning regular techs. Only when the internets start dropping would I get concerned about my tech holdings (that used to be how I traded). Just wondering if that old rule will repeat this time around. If the dot.coms keep gaining, it would confirm that we are in a new bull market. btw-I am not ruling out a decline in the next 1 or 2 days but see the case for a rally is building up in the next 3 weeks.