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Strategies & Market Trends : Sharck Soup

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To: GREENLAW4-7 who wrote (24956)	5/25/2001 7:33:19 AM
From: GREENLAW4-7	Read Replies (1) of 37746

Another sign of MARKET TOPPNG. Look at where the storage and fibre channel stocks were in the 1/01 rally. Now compare them to yesterdays prices. Do the same with the GENO stocks. These 2 sectors have lead the market back. I called it back in March that Storage and Bio-tech would rally strong on next leg up. Looking at these 2 sectors now its very apparent the top is forming! Its difficult for EXPENSIVE EQUITIES to continues to rise or hold in an enviroment where corporations are warning of slowing earnings going forward into 2002. These 2 sectors should now be looked at for short positions.

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