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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (10474)2/28/2001 7:35:18 PM
From: CAPTAIN MORGAN  Read Replies (1) of 37746
 
Those dropoffs after hours seem like pretty minor moves for the bad news associated with them. This tells me a bottom is most likely real close in techs, also cash levels at record highs waiting for "the" catalyst to pounce. I personally hope we get a nice gap down in the morning at which point I would go long, this lame rally attempt at the open followed by a reversal to the downside ain't working. If we see a washout open chances for a bottom off that point seem pretty high.
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