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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: StockHawk who wrote (13525)4/28/1999 4:42:00 PM
From: American Spirit  Respond to of 56535
 
PFE - I agree. I love techs but with a company like PFE I can rest easier. For instance, I won't have to sell it before I go on vacation to Europe. Ended day at 118 where I bought. That's near its recent bounce point at about 115. If it goes much lower I might double down.

THE MARKET - the name of the game seems to be to find "value". We are also experiencing rapid sector rotation. Cyclicals will soon be over-bought. Many techs are still value plays. Nets may dip further here but when AOL becomes a buy again the sector will reverse will lead again. Hard to pick tops and bottoms but stick with quality and story stocks and you should be just fine. Actually the sector rotation is very healthy for the market. Any further tech dip should bring excellent entry points for some of your favorites and mine.

Believe it or not I actually made money today. Don't know how with the Naz down 50. WIND was my champion today.