Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: LTK007 who wrote (79781)	7/9/2001 3:46:38 PM
From: American Spirit	Read Replies (2) \| Respond to of 99985

Merrill analyst predicts summer rally on CNBC. Too much caution and plenty of cash on the sidelines, he says. From his mouth to the stock God's ears. Like I've said many times, PE's are poor way to judge stocks right now when earnings differ so much from Q to Q. EMC is the top company in a niche which is mandatory for most companies to contract with. They've been putting off storage but they can't for long. I've seen it go from 26 to 46 recently in a few weeks time so I wouldn't short it after the big fall. It's a bargain-huinters favorite and a leader in any rebound. Naz 2000 looks like it's held with surprising strength. Not too bad. If you like low PE's and big earnings how about opil stocks like P and UCL? No one has answered that question for me? Find it hard to believe they're so low now considering Bush/Cheney are doing everything they can to keep prices high so they can scare us into more drilling and power plants we mostly don't need. OPEC seems to be happy to cooperate. We may just see some sort of tech rally soon.