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


To: Dave Gore who wrote (60821)7/17/2002 1:38:00 PM
From: DebtBomb  Read Replies (1) | Respond to of 208838
 
Amazing Dave, how they've fueled all of these bear market rallies over the last couple of years by touting semis.
I've noticed since the SEC is cracking down, no more 'train is leaving the station' calls.
It will all go down in the history books.



To: Dave Gore who wrote (60821)7/17/2002 3:29:47 PM
From: t2  Read Replies (1) | Respond to of 208838
 
That's not good is it? With AMAT price to sales and PE already so friggin' high.

That is probably why buying the Nasdaq requires nimble traders (something I did not do well this year).
A lot safer in my opinion to buy companies in the DOW (especially old economy)...after all they got beat up a lot too.

However, we saw that big bounce off the September lows 2 days ago..have seen nothing like that on the Naz.

IMHO, Naz might look better technically to some but on a fundamental basis, Dow is far better. That said, I did pick up QQQ today for a daytrade this afternoon.