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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (17823)9/29/1998 2:31:00 AM
From: space cadet  Read Replies (2) | Respond to of 70325
 
Clint, I don't know if you care but Jerry Favors is now saying it is a matter of days till the market corrects/crashes (he is vague on how low it might go-his eliot wave analysis tells him it could go as low as into the mid-high 6000's before rebounding). So we will know pretty soon whether or not Favors deserves all this fame he has suddenly achieved. I get both his monthly newsletter as well as his daily fax/email. In his monthly newsletter he sounds really bearish.
I think the internet stocks are ridiculously overpriced so they are at the top of my shorting candidate list. I think amzn elnk mspg and maybe brcm are all good candidates for collapse. Any others you like for putting/shorting. Also if the collapse does come I won't miss out this time on getting into msft csco emc dell. Any others I should be watching for besides those gorillas?
Another interesting stock you might not know about is ccrd. It's definitely a new favorite of the smart money crowd. It reminds me of Cascade Communications in its early days. Check it out, even though right now it's at a new all time high.



To: Clint E. who wrote (17823)10/5/1998 1:06:00 PM
From: mattie  Read Replies (2) | Respond to of 70325
 
Clint, are you nibbling today? I put a buy limit on MSFT, but it hasn't hit my price yet (96). I am waiting on others, AOL 80, Dell 48, PFE 90.