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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (21518)7/26/2004 4:40:36 PM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
I agree, but you can't blame Anindo for avoiding a falling knife.

16:19 SWIR Sierra Wireless finds bid on NVTL blowout results, trades to $27.37 in after hours (26.69 -1.40)

NVTL now trading up 2 pts in after hours.



To: bob zagorin who wrote (21518)7/26/2004 5:15:17 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57684
 
what about where you are bob, does the tech environment look better in terms of jobs and growth? Forget everything else I'm only interested in tech... the market wants growth in the GROWTH industries and oil and gas are not going to cause a market rally imho. But here in SV, there is a little more traffic on the roads. Nothing great but better than the alternative. I don't think things are getting worse here. Because of this I don't want to short tech here. Of course shorting is never my favorite option in investing at any rate



To: bob zagorin who wrote (21518)7/26/2004 5:26:50 PM
From: fedhead  Respond to of 57684
 
Yes I like to buy stocks making new 52 week highs. My style of investing works in a strongly upward trending markets where you have plenty of stocks breaking out and
making big gains. This style of investing won't work in the
kind of market we have now. Also I typically cut losses 5 to 8 % below my purchase price so I definitely won't be buying at the highs and riding it all the way to lows.

Anindo


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