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


To: Amigo Mike who wrote (28124)2/19/2002 10:53:07 PM
From: Ken W  Read Replies (3) | Respond to of 29382
 
Mike and Ditch (Sergio is off licking his wounds)

I dunno guys. There looks to be maybe another 100 points to the downside before reaching the neckline created by 9-11. 9-11 was a earth shaker and created a huge buying opp. for the strong. I think this thing is going to be the same way.

216.129.217.2

This "accounting fears" thing is gettin a little old. I can't imagine that all of a sudden IBM is being looked at for their accounting. Has everyone just been buying stocks sight unseen for the last 20 or 30 years? C'mon!

Now the debt issue I agree with. Too many companies have been living on debt for too long. If it were not for the fact that we MUST have airlines they would all have been BK years ago.

Ya gotta go with the leaders (cash vs debt) on the bounce gang.

DELL
ORCL
GE
MSFT
MDT
CAT

All of the "new, build it and they will come" companies are in deep trouble, cuz guess what...they did not come!

Ken



To: Amigo Mike who wrote (28124)2/20/2002 11:46:12 AM
From: Ditchdigger  Respond to of 29382
 
Hi Mike, well the markets are a bit weaker than I anticipated for today..Thinking I'll probably scurry back to MM funds and wait for Monday. I can't imagine many will want to hold through the weekend, and many may begin squaring off tomorrow, so I think a head start might be in order<g>..;^)DD
My CPHD is getting whacked today..;^(