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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (8725)9/22/2001 9:35:16 AM
From: techanalyst1  Read Replies (1) | Respond to of 57684
 
The indexes are the most oversold they've been since the market crashed in 1987.

Sometimes though, an index/stock will get massively oversold, rally and then make a lower low a week, month or more later.

Hard to call bottoms. Depends on fundamentals and psychology and who can predict either of those at the moment?

TA



To: fedhead who wrote (8725)9/22/2001 2:31:53 PM
From: Bill Harmond  Respond to of 57684
 
The LA Times calls this the worst week since 1933, so it's anyone's guess. Some of the best tech stocks are now value stocks. The Barron's cover story calles the market undervalued:

interactive.wsj.com

I don't think video conferencing is that big a deal, but I've never used it. We'll all have video cameras on our PC's anyway.



To: fedhead who wrote (8725)9/23/2001 11:03:22 AM
From: Bill Harmond  Read Replies (2) | Respond to of 57684
 
'New Economy' a Casualty of War

latimes.com



To: fedhead who wrote (8725)9/23/2001 4:18:38 PM
From: Bocor  Respond to of 57684
 
Not that you asked my opinion, but WEBX is a turd. Similar to being long ONIS at $30 IMO. I would be very careful with that one....easily manipulated by the MM for periods of time due to a relatively low float, and now officially squeezable since Pink added it to his hit list, but just check out the insider sales....that alone should scare ya!