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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (26839)1/2/2002 5:28:14 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Does he still own silver? I remember him buying it about four years ago, but didn't know he held onto it.



To: Terry Whitman who wrote (26839)1/2/2002 6:14:31 PM
From: TechTrader42  Read Replies (2) | Respond to of 52237
 
Warren Buffett has said, according to CNBC recently, that he doesn't see any undervalued stocks in this market.

Does that mean it won't go higher? Hardly.

The CI's showed some divergence with the market today, ending lower.

ST Naz CI: 66.706, 76.000
MT Naz CI: 66.706, 76.000
LT Naz CI: 93.923, 95.620

ST S&P CI: 83.911, 89.686
MT S&P CI: 83.911, 89.686
LT S&P CI: 94.402, 96.381

Generally, they're still in overbought territory.

From briefing:

"Unfortunately, this strength [in seminconductor sector] did not trigger a broad based advance with the much of the session spent vacillating at modestly weaker levels. This was reflected in the weaker market internals that persisted until late in the day. Today's ISM data (formerly NAPM) was stronger than expected (highest in 14 months) led by new orders but the market did not get significantly mileage out of the release. While the improving internals and late session advance is is encouraging, they came amid generally lighter volume, the same as the late slump on Monday."



To: Terry Whitman who wrote (26839)1/2/2002 9:35:13 PM
From: Captain Jack  Read Replies (1) | Respond to of 52237
 
I don't know Terry. On 12/12 I stated I added to BRK'b @ 2245. It closed down a bit today,,, all the way down to 2484. A little Buffet adds stability to a portfolio...