Date updated:06-03-2007
From Barron's 6-4-07:
"The market is full of frustrated bears," says John Roque, senior technical analyst at Natexis Bleichroeder, a New York-based investment dealer. "But they're not going to get any satisfaction anytime soon, even if this market is equally full of dissatisfied bulls. No one is running around waving their hands in the air and yelling "yippee" in excitement" in response to the market's big gains this spring.
Yes, the technical analysts -- those folks who scrutinize price charts and trading volume in search of clues as to which market, industry group or stock is poised to generate outsize returns or tank -- are no more ready to return to the irrational exuberance of a decade ago than their counterparts, the fundamental analysts. Both camps, it seems, are united in a wary acceptance of the market's recent gains."
Rich Acampoa, who trades at Knight Equity Markets using charts, is bullish on Xerox, Schering Plough, Qwest Communications, Verizon Communications.

-
XRX
Xerox Corp - $7.02
- 0.00%
- $6.92
No Analysis added

-
SGP
Schering-plough C - $24.60
- 0.00%
- $24.50
No Analysis added

-
Q
Qwest Communicati - $4.47
- 0.00%
- $4.28
No Analysis added

-
VZ
Verizon Communica - $29.57
- 0.00%
- $29.30
No Analysis added

-
SBUX
Starbucks Corpora - $14.82
- -0.67%
- $14.78
Rich is bearish on Starbucks and Whole Foods

-
WFMI
Whole Foods Marke - $20.73
- +1.82%
- $20.14
No Analysis added
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A. MCD and YUM with no doubt in mind. I am
long both.
A. The only one I own : SLX,
too hard pick a winner out all of them
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