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


To: Clint E. who wrote (19545)1/22/1999 3:32:00 PM
From: space cadet  Read Replies (3) | Respond to of 70471
 
Clint, watch msft. I hate to repeat myself but as goes msft so goes dell csco etc and thus the hi-techs. Intc has been amazingly weak and msft looks pretty anemic also. I agree there are some nice buys and good signs out there but as long as wintel is so weak I am being cautious here. Today the play was definitely the internets. I don't want to hold a lot of positions going into the weekend, even though mondays have been terrific days for the last several months. Anyway, I'm not seeing so many gap ups these days. For example, you could have gotten into the internets at a nice price today at 9:30 (unfortunately I was sleeping ;^). Wished I had bought cmgi, it looks great here. We might have a couple more wishy washy days before a sizable rebound. Hopefully I'll uncover my dell calls by then...