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To: im a survivor who wrote (10996)	7/18/2003 12:57:09 PM
From: Lizzie Tudor	Respond to of 13815

yeah but what have we learned from this? (selling nxtl too early) - the market was irrational to the downside and probably still is in some networking sectors - there are not many companies left to divide up all the market - the most important thing is not the balance sheet (nxtl has a debt issue) it is GROWTH - analyst price targets are now tweaked to the downside. When a company surpasses the price target the analyst might issue a valuation-based sell, or increase the target by only one point. I'm hoping this week weds-thu-fri was our naz correction and we can stabilize here or start moving up. A recruiter today confirmed the job market is better these last 2 mos, this is core IT. A slow, sputtering rebound for now but its better than sitting in the trough or continuing to go down

To: im a survivor who wrote (10996)	7/18/2003 11:49:48 PM
From: pbull	Read Replies (1) \| Respond to of 13815

So far, my big-picture guess of a change in the wind is looking good, as larger cap, quality names keep going but the speculative sap rediscovers gravity. They used to call this a "liquidity squeeze." but I don't see or hear much commentary any more, and I think I see the market more clearly because of that. The fiscal year for most funds ends at the end of September, and I think they'll continue to take profits and wait for better prices, whenever that is. I still think plays on travel/leisure are decent buys here. That sector is slowly recovering, and they're ruthlessly cutting costs, so there is at least some leverage. If you really want to go out on a limb, you can bet on a Bush defeat by buying near-bankrupt CLECs and hoping for a change of policy by the FCC. No guarantees, obviously. PB

To: im a survivor who wrote (10996)	7/22/2003 11:17:23 PM
From: pbull	Read Replies (1) \| Respond to of 13815

Looks like I'm mumbling to myself again. FRED is one that I've wanted to buy on dips, but when it goes down, there are 100 other stocks that look better. This has become the watch and wait market, in my opinion. Apparently this thread has taken that to heart, but no one is even bothering to watch. Ah, well. I'm sure the powers that be will come up with something to make this interesting. All I can come up at this point would be weak economic numbers triggering a renewed plunge in the Greenback. Or maybe North Korea triggers another Asian fiasco of some kind. I, for one, probably won't hang around here waiting, either. Better things to do. But I wouldn't be surprised if we get some kind of "surprise" within the next 2 or 3 months. If not, this is going to get awfully dull. PB