ALL: . . . . . . TIME TO SCOPE OUT RE-ENTRY POINTS. . . . .
Steven, since you've been watching these high fliers, too. . .what are your feelings?. . .they hit some impressive lows about the time you asked me about them. . .DCLK at 75 WAS a good deal, and I was caught snoozing. . . but the high-tech pull back looks like it will continue thru next week on the near-term. . .we can't be caught napping.
To ALL:
Some of the technicians might want to post some entry points based on 200 day moving averages and recent declines. . .some that should be looked at include:
Hi-fly Inets: CMGI, ATHM, CNET, GNET, DCLK, EBAY, AMZN, RNWK, BRCM, QCOM, VRSN, BCST, ABOV
Low-Fly Inets: SEEK, TFSM, LMG.a, EXDS
Blue Chippers [that benefit from the internet]: T, INTC, MOT, VO, WMT, IBM, FDX, LU, LUV, MI, NXTL, INTU, GIC, LTD, ANF, MSFT, WCOM,
Future High Fliers Techs: OMKT, BDE, BYND, TUNE, RRRR, ARTT, ABTL, NWS,
Others Techs: ADAP, TELT, TTWO, THDO, SGI, HWP, TURF, OMX, WSTL, DMIC, IIXC, QWST,
That should keep everyone busy, while I'm away. Possible entry points for the above should be posted, argued, discussed and approved as seen these groups begin to set new lows.
Remember. . . The toughest ones to grab at their lows are the ones everyone wants.
Rande Is |