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Market Commentary  Here is a sample of the comments made by our staff. We are not part of the old economy! In the first five days of April the market lost the entire gain posted during the month of March. We shouldn’t be surprised! The question we should ask is the correction over? We have repeatedly said that analysts and money managers have been telling their clients that a recovery in 2002 was eminent. This prediction has been a moving target ever since Q3 2001! The majority of the earnings and guidance statements this week from companies for Q1 2002 were not as positive as the analysts expected. As a result, many analysts lowered their ratings on many stocks. It is amazing that investors still place any credence in this ratings and comments from these analysts! The economy is recovering at a slow but steady pace. Analysts have been telling their clients that 2002 would mark the turn around in the economy and that they could expect to begin gaining some ground on the heavy losses incurred when the technology bubble burst. This week was a critical point for these same analysts because there was great hope that the earnings in the first quarter were going to be much higher than announced. The rate of speed in the economy is fine; it’s just not as fast as fast as the analysts need to protect their reputations! As long as these analysts have any degree of following they will continue to influence stock prices and as we saw this week disrupt the price cycles. More than ever the importance of the 3% Stop Loss orders has been emphasized this past week. By reviewing your prices at least at the end of each day and modifying your Stop Loss orders accordingly you protected the profits earned and finished the week with a modest return. We can expect the rate of speed for the recovery to proceed without any significant change for the rest of the year. It will remain a roller coaster ride with weeks were we realizes great returns followed by mediocre returns, as this past week. Until companies realize that partnerships are needed to minimize the impact of abrupt starts and stops in sales and understand how to use the Internet to supplement their current delivery systems the economy will not get back to double-digit growth. Announcements like we heard from Dell Computer (Dell) will be a sign that companies finally understand how to use technology to pick up speed on the race for customers and profits. Dell announce some $7 billion in revenue with an expected $200 million increase. More importantly, they announced that by next year administrative costs would be no more that 10% of revenue. This is a company that understands how to sell in a lack luster economy and how to use technology to replace the old methods of selling. When we start hearing more stories like this get ready for a bull run that will surpass what we experienced in the late 90’s. Join now and start recognizing profits first thing Monday morning!  Back | Stock Selections | Bonus Selections | Market Commentary | Buy Hold | Home Page Example | | Order Now | Return Home | Home Business | Digital Economy | Sign In | Disclaimer | Training Center | FAQ | What's New | Contact Us | |
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