To: Venditâ„¢ who wrote (453 ) 5/25/1999 10:28:00 PM From: robert duke Read Replies (1) | Respond to of 19374
Admit I have come a long way. Ok let me see if I can find the article. m a subscriber, they have been covering Internets for quite some time. This is from todays Tech Stock analysis: Updated for 25-May-99 Please note: Briefing.com is provided as an information service only. Charter Media,Inc. and Briefing.com do not make specific trading recommendations or provide individualized investment advice. Readers should make investment decisions based on thorough research and their own investment criteria. See Disclaimer. General Commentary: Techs are falling not because of any great change in sector fundamentals but because of a shift in sentiment... Good news is market sentiment changes about as quickly as Chicago weather... So if you can ride out the current bearish mood for another week or two, Briefing.com expects the tone to improve considerably as investors begin to focus on strong second quarter earnings... Decline in long-term rates will also underpin tech rally... Best bets for recovery are the stocks getting hit hard now such as large-cap industry leaders like EMC Corp (EMC 102 1/4 -1 1/4), Lucent (LU 56 9/16 -1), Sun Microsystems (SUNW 58 15/16 -1 1/4), Dell (DELL 36 1/8 -1 3/16) and Cisco (CSCO 109 3/8 -3 7/8)... Briefing.com also expects material rebound in the major Net players such as Yahoo! (YHOO 137 7/8 -13 7/16), Amazon (AMZN 117 1/2 -11 1/16), RealNetworks (RNWK 71 3/4 -9 1/4), Exodus (EXDS 76 -8 1/16), eBay (EBAY 183 1/4 -7 7/32), E*Trade (EGRP 50 -3 1/16), Net.B@ank (NTBK 41 3/8 -5 5/8) and Inktomi (INKT 103 5/16 -10 11/16). ROC is one of the first indicators then, So after I figure out how to use it then I look for the william % R then the stoch and money flow. I still don't understand roc tho.