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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (10959)3/3/2002 12:26:09 PM
From: J.T.  Respond to of 19219
 
David, these low float stocks you follow have done exceptionally well and you are dead on there is big money to be made thank you for again bringing this to my attention.

I have said RUT has been a lead sled dog and Friday made a huge leap forward we need follow thru for the converts to pile in the dough in fear of missing the train leaving grand central station for the next leg up.. Gona have to add RUT into the mix the big picture 2003 intraday highs... 50% higher off the 2002 intraday bottom (RUT 457)takes us to RUT 685 intraday highs into 2003.

Best Regards, J.T.



To: dvdw© who wrote (10959)3/3/2002 1:33:28 PM
From: JohnG  Read Replies (1) | Respond to of 19219
 
CMTL. Won't this company fail when interest rates climb back up?
edgarscan.pwcglobal.com

Just look at interest expense--ug--and rates are so low!!



To: dvdw© who wrote (10959)3/3/2002 2:53:51 PM
From: Baton  Respond to of 19219
 
dvdw: Great, great post. Thank you.
Baton



To: dvdw© who wrote (10959)3/3/2002 4:04:55 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 19219
 
dvdw,

I have a question that is in no way intended to dispute the validity of your observations about the existence of value stocks in today's market. I happen not to be particularly good at identifying them, and certainly P/E does not tell the whole story. I have at times invested in stocks with low P/E only to find that down the road there was good reason for the prices to be falling based on anticipated growth, earnings, undisclosed problems, whatever. I sincerely tip my hat to anyone who can do the DD you talk about and identify the true value plays.

My question is to what extent do these, or will these value plays drive the market indexes that are the focus of this thread? Will 20 or 30 or 50 or even 100 mid-cap value stocks gather enough interest to lead the market back up in the face of continued decline of the hugely capitalized former shining stars? Perhaps there are indexes other than the common ones everyone looks at that should be getting more attention, but I can't see major indexes responding favorably to above average performance of selected low and mid-cap issues. A flight from the old stars to stocks that are fairly valued or undervalued will continue to put pressure on indexes like the NDX until all the old high flyers are replaced by the emerging leaders. It's part of the magic of indexes that when stocks falter they are thrown out and replaced by emerging leaders, but it will take more rounds of replacement like the recent NDX shuffle to rescue the index unless the existing components can turn things around. Without them, long index investors will still be in for a rough ride.

Dan



To: dvdw© who wrote (10959)3/4/2002 3:42:12 PM
From: J.T.  Respond to of 19219
 
Look at da RUT scream higher as well right back near that important RUT 490 resistance level before the break occurred now at RUT 488 and change up anudder 10...

Back late tonight.

Best Regards, J.T.