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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (3061)4/14/1998 9:36:00 PM
From: LTK007  Respond to of 29382
 
"Perhaps the market is overly involved with internet stocks to
find value and growth in other sectors. I noticed that an analyst, I think Merril
Lynch, had the pomposity and the timeliness to upgrade the internet search sector
today. "
The funds can sector rotate in a blink of an eye,our time will come,
and I feel it will not be that long,this is an undervalued sector,and it is prime for a run-up.With DHI I am using some of your own philosophy,that is position yourself in an undervalued high growth
solid fundamentals company,and like a flower wait for bees to come.
Right now the market is in two-fold heat-wave,the internet stocks and
the financials(my JPM is getting dizzy,and I am prepared for a pull-back),and actually I see a real positive to this sector imbalance.The DOW is at an all-time high but the Market overall is not
over-valued.I feel as long as the money has plenty of room to rotate
sectorially,we need not fear a longterm market downturn(the proverbial Big Kahuna)--regards DHI,we can not really read the stock
TA-wise until 4/21,I will ask David J to do a read on DHI on
4/26,for then we will know its true TA.XAM(MAX backwards)