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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (27524)12/12/2001 8:17:53 PM
From: Sergio H  Respond to of 29382
 
Joe, good point about HAS peeking in Jan.....after xmas when earnings are easier to forecast. They have a good line up of toy products but I sold when they announced the reg s debentures. There's no problem with the stock right now, but watch what happens in about six months or so.

A few notes on indexes...as Ditch pointed out, the biotechs tested support and are recharged. Pharma stocks absorved Merck news and look strong. Semiconductors broke above 200 day MA last week and built on that today. Wireless sector has yet to peak above 200 day MA but looks like it has legs to make a run. Wireless plays should be good for short term traders tomorrow along with anything in fiber optics.

Sergio