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

To: Boplicity who wrote (81047)7/31/2001 9:09:59 AM
From: mishedlo  Read Replies (3) | Respond to of 99985
 
Greg, you keep saying firm bottom.
On what. MSFT perhaps.
JNPR BEAS JDSU etc etc etc making 52 week lows.
Other stuff gave back 2/3 3/4 of april gains.
Only thing holding this market up is the non-Naz trending stuff (but is now really a good time to buy that stuff), also MSFT, and CSCO for whatever reason-but most likely just to keep the index up.

Now you seem to have shifted gears, pointing to a "firm" bottom on the index, when you really like to pick individual stocks. I see no "firm" bottom on most stocks, if we keep seeing lower lows.

M



To: Boplicity who wrote (81047)7/31/2001 6:31:52 PM
From: Bocor  Read Replies (1) | Respond to of 99985
 
>>You can go boring like WMT which is just starting a multi year run>>

Curious why you think WMT is starting a mulit-year run here? Trading virtually dead even with where it was in the summer of 1999 on my charts?


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