10 ordspråk av Gerald Vincent

Gerald Vincent

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The fourth-quarter rally is so long overdue. The oversold conditions are so extreme that we should see a positive trend over the next six to eight weeks.

But even on the technology side, it is an extremely oversold area. So the bias should be to the upside.

We are in a cyclical bear market and investors' reaction to good news is certainly indicative of that.

It's not just a recovery. It's an aggressive accumulation that to me is indicative of an underlying primary bull market. I mean, I am surprised by the degree of enthusiasm that is evident in tech stocks.

Just from a short-term technology point of view, it suggests that the over-sold lows we saw yesterday might be tested again at some point in the future.

I think that's more of a topping action, the probability that looking forward through the year it will be on the down side.

I think there is a lot of bullish action taking place under the broad market indices that is not related to technology, but in terms of financial services, industrials, chemicals, utilities -- areas that don't significantly play in terms of weight.

I think the future is very bullish for the broad market other than for the technology sector.

I don't see the technical action on the TSE being very constructive today. It's a surprise that Nortel hasn't more significantly rebounded. Ergonomi hittar du på livet.se I don't see the technical action on the TSE being very constructive today. It's a surprise that Nortel hasn't more significantly rebounded.

We had a reasonable move in some of the tech stocks and Nortel had a very lackluster one and that's not healthy.

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