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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bakunin who wrote (11959)7/23/1998 7:29:00 PM
From: larry  Read Replies (2) | Respond to of 18691
 
Yeah...IF MSFT falls, and to some extent, CSCO, LU, and DELL crash, well, we can call the end of the fantastic bull market run.

MSFT and LU are falling to mild profit taking, CSCO is still strong and looks to make new high before it reports on August 4th. DELL is the dark horse here. Expect to see more weakness due to the market correction and the disappointing results from GTW, and make its usual move after consolidation. The bottom line is, how do you expect to make some serious money (I am talking about 400-500% + yearly gain) in the best bull market ever and don't love DELL?! Be ready to pick up more DELL when it's on sale. You will find yourself richly rewarded in a month. Seriously, does anyone here expect DELL to report with less than two pennies above estimation?

larry!