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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (761)	4/11/2002 9:32:06 PM
From: Bridge Player	Read Replies (2) of 787

Joe, the QQQs had a nice rally after hours. Wondering if this was the cause: <<"NEW YORK, Apr 11, 2002 (The Canadian Press via COMTEX) -- IBM Corp. shares fell more than five per cent Thursday after a newsletter said the world's biggest computer maker is the subject of a federal Securities and Exchange Commission inquiry. But an SEC spokesman said after the close of trading Thursday that the agency had opened an inquiry and "closed it without action shortly thereafter." In after-hours trading, IBM shares regained some of the day's losses, bouncing back">> I also saw a post somewhere to the effect that there were more new highs on NASDAQ today than there have been for many weeks. Anyone verify? Strange with the index down 40.

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