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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: ayahuasca who wrote (3065)2/25/2002 5:17:35 PM
From: acuransx_2000  Read Replies (1) | Respond to of 16631
 
My only worry is will the markets pull another April 2001 if you know what I mean.I like the QCOM news but I feel that Q1 earnings will be poor. driving the market to new lows.Quite possible for the Naz to revisit 1,300 and possibly 1,000 imho.



To: ayahuasca who wrote (3065)2/25/2002 6:00:02 PM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
You're right, Aya. FLEX is the class of the ECM group and has remained solidly profitable. Too many people forget to put mildly negative news into context. If a stock has already dropped way, way down and has mildly negative short term news, it is usually more than factored in.

And if it's not, we can all pick up quality stocks really cheap on over-reactions. I still hold FLEX in my long term account and will be adding more.