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


To: Crossy who wrote (6751)3/29/1998 8:56:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 120523
 
HI Crossy

Glad to hear you liked good ole' USA...Come and join us anytime<g>>.

I really like your Teleco sector...TLAB-LU-NOKA very powerful co's with positive forward looking earnings potential..These are the BIG BOYS on the block...

Yes I do think the semis are trying to rally with INTC etc...But i am avoiding these stocks completely till after earnings...plenty of time to se the "Real" picture out there in techie<g> World...I feel the ASIA impact has been completely ignored....and as well earnings warnings too...

As you know I've been very bullish here, but this market is much more idiotic than lasts years 'irrational exhuberance" market...

Crossy we are up almost 2500 points from the Apr bottom in 97...Everyone agrees the market is overvalued...yet with so much money flowing in every day, they keep ignoring even documenetd short falls...It surprizes me.... it seems very wierd...that money managers & Wall Street Gurus are predicting DOW 10,000...

I will take profits quickly, and begin to look at shorts and puts for Apr eps...

All the Best, Jerry