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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?


To: Skipperr who wrote (324)4/10/1999 8:15:00 PM
From: Compadre  Read Replies (1) | Respond to of 2103
 
Skipperr: I think Jim is right, the risk is very high at this point. I pointed out in a couple of posts in the MDA thread recently the trading volumes on certain down days were alarming and that it is time to turn cautions. You must know by now that CPQ announced disappointing earnings last Friday. True that CPQ has had poor fundamentals for a while now, but is a major player in the PC market and it's moves are not to be ignored. Like I said I don't believe it cost averaging in my previous post. But it seems to me that it may be time to scale down a bit rather than up. Since I can't make this kind of strategy work in my head, please take this advise for what it is worth.

Regards,

Jaime