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To: Dale Baker who wrote (29457)2/27/2002 7:36:59 PM
From: Dale BakerRead Replies (2) | Respond to of 118717
 
The crazy whipsaws we see every day have finally prompted a new label for this market. It's not a bull market...not a bear market...it's a HAMSTER market!

Why? Every day, all the hamsters jump on the wheel and run faster faster faster faster faster and the wheel in cage spins around and around and around and around and gets...

NOWHERE.

FWIW, PMAMA bought yesterday had good follow through today. Combining value with new high/momentum scans is producing decent results. ACMR is one I saw a few months ago around 20 that just hit 37, could still have a few points left.

Lots of other plays on the New High lists don't measure up in fundie terms but lots of 'em just keep going up.