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Re: Re: [sharechat] US Tech stock experience


From: "Warner Lamb" <cloud9@i4free.co.nz>
Date: Sat, 29 Jul 2000 14:54:03 +1200


Hi Jesse, I am still learning about the US market and follow my paper
trades. I am learning to watch momentum and combine that with fundamentals.
Your post about the reactions to announcements, I can now understand and had
just read an article on just that..there are a lot of traders who just do
what you said with Yahoo......and they sell no matter what the news, I also
am getting news letters like " changewave "  and they help with timing and
seem to say there is usually weakness over summer, so hence the NOV timing
for me. I am also in the process of selling my comm property so I can put
some serious funds to work without stretching my NZ investments. So still
learning in preparation. I think a correction down to 3300 would be great
for a lead up to another summer rally, hopefully...I will by then be
prepared.
Warner
Liked WCOM@ 38-39 and QCOM@ 60. also still like AA Alcoa


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