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


To: American Spirit who wrote (33980)9/1/2001 7:18:17 PM
From: 2MAR$  Read Replies (1) | Respond to of 37746
 
But this is a short-term trading thread, AM ...

if you are/were to contribute anything to the making
profits for your fellows here or anywhere else
your bias must have been completely towards
the compelling high PE's of NASD .

Short term trading is what almost all the pros
have been doing most of the summer. There
have been short~term swings at best in
the semis and the bio-techs
(just took profits in friday)

One just had to stand back , take it all in ,
trade the sectors and pay attentiion to earnings
and profit out-looks...

if you had followed almost any of the issued company
guidances recently , you would have known.

This was one of the very big triggers here from Tom Seibel
mid-august Guidance Update
that accelerated the fall:

Siebel declined to give specific forecasts for his San Mateo, California-based firm, which makes customer relationship management software.

``We got in kind of a bubble situation. The world went crazy in the last two years,'' he told the conference. ``Sanity is returning.''

``Is it going to get better soon? Q3, Q4?'' he said, referring to the second half of this year. ``We don't think so.''


Message 16237957

Siebel usually a pretty straight shooter..

regards

mars

PS: But hope you do find some cheap little ones
that fly back up , too ! ;-)