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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (5232)	8/13/2002 1:20:46 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 24758

I actually think many naz stocks are close enough to "the" bottom (for government work, anyway). I'm just surprised that people think its still easier to play the downside vs the upside, as a trader. I'm not a trader admittedly, but for example I was watching a stock recently - broadcom brcm- I know nothing about the company/stock other than it is volitile, anyway I go on that thread and its rampant bearishness... ok, fine, the stock is going to the single digits blah blah blah. That was a few days ago in the 14s. Today its in the 18s. Since there's no bulls on the stock threads you don't get the "I told you so's" when stocks move up, but that doesn't mean it isn't happening. Same with many other naz companies - jnpr, psft, orcl etc. many are 30-50% off their lows. In fact its getting hard to find a (quality) naz stock trading at new lows- jdsu might be one who is still down there. The naz itself is certainly not 50% off his lows, but the strength in a few quality issues is just a part of the consolidation process which bodes well for these same companies fundamentally which is what makes them great ltbh candidates. Lizzie