Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (6350)	3/22/1998 12:12:00 PM
From: Susan Saline	Read Replies (1) \| Respond to of 120523

Message from Options Jerry, copy/edited for reading ease Level Chart Aerospace Airline Bull Confirmed 70% Click Autos & Parts Bear Correction 60% Click Banks Bear Correction 80% Click Biomedics/Genetics Bull Alert 44% Click Building Bear Correction 64% Click Business Products Bull Confirmed 58% Click Chemicals Bear Correction 60% Click Computers Bull Confirmed 56% Click Drugs Bull Confirmed 62% Click Electronics Bull Confirmed 56% Click Finance Bear Correction 66% Click Foods Beverages/Soap Bear Correction 60% Click Forest Prods/Paper Bull Alert 68% Click Gaming Bull Confirmed 58% Click Healthcare Bull Confirmed 50% Click Household Goods Bull Confirmed 70% Click Insurance Bear Correction 78% Click Intl Funds Click Latin America Bull Alert 36% Click Leisure Bull Confirmed 50% Click Machinery and Tools Bull Confirmed 62% Click Media Bull Confirmed 70% Click Metals Non Ferrous Bear Correction 56% Click NYSE Bull Percent Bull Confirmed 70% Click OPTION BULL PCT Bull Confirmed 72% Click OTC Bull Percent Bull Confirmed 62% Click Oil Bull Alert 50% Click Oil Service Bull Correction 42% Click Precious Metals Bull Correction 26% Click Protection Safety Eq Bull Confirmed 52% Click Real Estate Bear Confirmed 72% Click Restaurants Bull Confirmed 54% Click Retailing Bull Confirmed 72% Click Savings & Loans Bear Correction 80% Click Semiconductors Bull Correction 50% Click Software Bull Confirmed 66% Click Steel/Iron Bull Alert 48% Click Telephone Bull Confirmed 66% Click Textiles / Apparel Bear Correction 56% Click Transports / Non Air Bear Correction 64% Click Utilities / Electri Bull Confirmed 88% Click Utilities / Gas Bull Confirmed 74% Click Wall Street Bear Correction 72% Click Waste Management Bull Confirmed 54% Click S&P 500 Click Amex Bullish Percent Bear Correction 50% Click Copyright c 1995-1998 Dorsey, If you can picture this in your mind....draw a horizontal line with 0(zero) on the left edge, and 100 on the right edge, and directly in the center a perpendicular line with 50 in the middle...if you looked at this picture with ALL the sectors shown there, the obvious picture would be a major bias toward the right side the Overbought side leaning to 100...very very few sectors are on the left side at the moment...at some point in the not to distant future we will correct this imbalance, IMO 10-13% from the top???? what ever that top will be...don't try to guess it...don't worry about it...we'll see it clearly as we progress... As far as the techs are concerned...i would avoid all techs unless your a daytrader...don't bottom fish here...I still think that they will as a whole MISS their numbers for this Q, and definately WARN about the next Q....we can & will be tech buyers late June-July time frame...we'll see that too.. So that's my looksee out at the future & here are the %'s from Dorsey'..BTW 2 very important ideas here...a BULL ALERT or BEAR ALERT usually means the sector has turned, off an important bottom or top..an excellent time to play in those sectors and those stocks...