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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: SirRealist who wrote (54388)	5/30/2002 1:04:09 PM
From: Dave Gore	Respond to of 208838

Sir, I agree and was hoping that once we moved over 1630, that would be support for a run to 1660 or so. But that didn't happen. Just not enough buyers yet. Maybe stocks need to get cheaper or base for awhile. Maybe we also need to wait until we get closer to June options expirations for a push to the upside. For certain, we need some continued good economic news and especially some positive pre-announcements to emerge. The news today that enterprise software spending is up nicely in May and RFP's are increasing is a good sign. We need more of that. Like I said on my thread, I am looking for more solid, fundamentally undervalued stocks like ORB, which I picked up a couple weeks ago near the mid-$5's (now up over 40% at $7.55). I am being very patient here looking for the right virtually "can't miss" situation. There's no need to trade and risk a lot here to make good money. You just need 2-3 good solid finds a month.