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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (18852)1/14/1999 7:42:00 PM
From: Electric  Read Replies (2) | Respond to of 42787
 
dennis,

I keep reading downgrade after downgrade on the internets, in fact after the bell the analyst that downgraded today was saying a 50% correction is in the cards. I was not happy when the big boys turned at about an hour into the session. Things were looking good.

I suppose that I will buy into the dips on AMZN, or exit the entire thing. I got killed in a matter of moments as happens when I get into a hot stock..

I have not been impressed with the reception of earnings, most of the time the stocks are getting hit.. INTC, AAPL to name 2 recently..

Trend is bearish and such a large negative tick reminded me of last October. I cant say that I see anything changing in the morning. I dont think 9000 is a good point of correction either, we could go lower. I suppose I might get that refi price I wanted, but I didnt want it so quick!

I was looking for values today and I couldnt find any.. DELL held up decently and so did MSFT and CSCO.

Talk to you later..