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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Cactus Jack who wrote (57086)2/17/2003 8:55:33 PM
From: RR  Read Replies (2) | Respond to of 65232
 
jpg, we're not out of the woods yet but a number of charts show the weekly trying to turn up. Realizing of course we may go down more short/intermediate term, but I'm talking a longer time frame (weekly chart), and this baby may be turning a bit.

JNJ, below 50 again? I doubt it absent some unexpected significant news or event. Some say low 40's to come but I don't think so.

I still say stay with the turtles. This ole market start to turn positive in the second half and into 2004, and I say "look out." The top quality stocks will rocket in my view as folks reenter the market. This time it will be the proven long term quality stocks, not the dot coms, tech newbies, etc., I think.

Hey, don't forget MO, too.

RR