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(like arba, cmgi, and vert) stocks
showing more strength than most of the
e-commerce and other internets.
Monday, November 20, 2000: The
internets, also, appear to be readying for an
upmove. We have bullish signals on 13 of the 14
internet stocks that we track, and two-thirds of
these are bottom-level (or strength level 5)
signals. Several sub-sectors of this group have
come down more than 50%. Internets then put in a
strong bottom on October 18th and after bouncing
more than 40%, have returned to those October
levels, but support is expected to hold at or
near these levels. We do not specifically have a
buy on this sector yet, and it may take a while
to turn around, but we believe current levels
are a great place to get in, particularly for
the leadership stocks in this area.
Monday, November 13, 2000: Bearish
implications on overall technology sectors….
· November
2000
· October
2000
·
September
2000
·
August
2000
·
July
2000
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