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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: MonsieurGonzo who wrote (3432)8/13/1998 10:14:00 PM
From: Berney  Read Replies (2) | Respond to of 11051
 
MG, RE: "OK, your turn":

That was a nice pick-off on AIG. AIG has been an incredible performer.

I've cut the Big Boyz list down to 72 stocks. As of last Friday, 20 of them had broken their long-term trends. AXP broke today, DIS is close, PEP and TRV are goners, and DD got crushed. The only good thing about this market environment is that it gives us a better perspecive of "real" support levels.

I've got a few positions under water and, since my pump broke, I'm not willing to attempt to risk taking on any more water. ... But, I'm looking hard at some at these levels:

ALD -- What a dramatic sell-off! Seems to be building a base at $36.
AA -- Hard to imagine its at $64 again.
AXP -- When she turns, it will be quick (if history is a guide).
BMY -- Like you, I think it's juicy at $104.
CAT -- Still a good trading stock if you get it right.
DELL -- Seems to rest every twenty points and then takes off again.
ERICY -- A premier performer and finally at a reasonable PE.
FNM -- A bargain at $57.
G -- Can it honor $50?
MRK -- Seems automatic about $122.
MWD -- Battling its trend line and may have broke.
PG -- Building a base.
SLB -- Like a moth to a flame, but I can only watch.
TRV -- Hard to believe?
UL -- One of my favorite international stocks.
UTX -- Has been a good buy at $88 in the past.

And so on ...

Berney