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3. From Hank's View... (for reference only)
Momentum Stocks:
11/20/02
The top fundamental stocks from today's Investor's Business Daily. Here is the lists for your reference:
ACDO,APPX,APOL,UOPX,BSTE,CTMI,CTSH,COCO,DELL,EBAY,ESRX,HGMCY,HCBK,JCOM,MNTR,NWRE,PECS,PSUN,PPDI,ROST,SCSC,TARO,TSCO.
CHS,COH,RKY,FRX,FDP,ESI,IGT,KCP,SJM,UNH,WTW,WLP,ZMH.
11/14/02
Bull leads the market today and I believe Nasdaq will test 1500 soon. Avoid Aerospace/Defense group since this
is one of the few downtrend groups. Concentrate on high-techs especially those break-up their recent highs. Buy
on the pull back. Semi-conductors, telecoms, some softwares, and big internet stocks should be considered.
9/20/02
The whole 2002 market trend showed that selling on rally is the only way to make profits in the stock market so far. Any
suggestion on long side costs expensive. Long investors should wait the market advance above 50 moving average to confirm
the bull future. Don't even try to guess the bottom.
7/24/02
Nasdaq get temporily support at 1200 on its trip to the south. Check TXN,NVDA,LMT,RTN,QCOM,VRTS,EMC,PDLI,AFFX,HD,GE...
Pocket profits while rebounding. You need to see rebounds before reversal. You need to see stocks above 50
moving average to confirm mid term uptrend which needs lots, lots of time.
Defense, HealthCare, Tobacco, Food & Beverage, Banking, Casino, Utilities lead the market.
Following stocks worth owning (consider to stop out around 50 moving averages):
LLL,RTN,LMT,EASI,BA,HRS,WFC,BAC,LEA,KMB,G,PEP,BUD,RCL,
EXPE,ITT,ENR,ALL,WLP,ASD,HCA,ESRX,PIXR.
High-techs are relatively low and over-sold. For a diversified portfolio, investor should buy or hold some of these
high-techs for future appreciation.
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