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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (18542)6/4/1998 11:37:00 PM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
Bear/Bull ratio was as low as 1 the lowest reading probably for long time this is if we go by history an indication of a turn around.
techstocks.com

Although I follow it as one of my tools but I have always noticed thaty combined with my global indicators and configurations this is a good sign of an imminent turn. The 120 tech stock index sits on nearly 125 area a shade aqbove 115 hit last jan 97 we also had a break in Dec97 and Jan 98 as low as 95 but now with Networkers out of the woods 115 is the lowest I would think we will see.



To: IQBAL LATIF who wrote (18542)6/5/1998 6:45:00 AM
From: Riskmgmt  Read Replies (2) | Respond to of 50167
 
Iqbal: Good call.

News is Motorola misses big time. Does this send techs back down and end the rally? I don't think so but would like your views.

I am still long and like Citrix, SGI (for rebound) FORE (perhaps a buy out) and Intel at this price. Asnd has done very well-up 100% from it's low of $22, may need to catch it's breath.

Enjoy your posts, keep up the good work.

regards,

Ray



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