Gerald Vincent
Gerald Vincent
action surprise technical
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.
broad bullish future market technology
I think the future is very bullish for the broad market other than for the technology sector.
action areas broad bullish financial market related taking terms
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.
conditions eight extreme next positive rally six trend
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.
bias extremely technology
But even on the technology side, it is an extremely oversold area. So the bias should be to the upside.
move reasonable stocks tech
We had a reasonable move in some of the tech stocks and Nortel had a very lackluster one and that's not healthy.