Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who started this subject	11/29/2000 10:57:00 AM
From: Dave Gore	of 120523

Market may temporarily rally a bit from here (or a slightly lower level after we restest 2680). Gore admitted in interview his chances are now only 50-50% which means he is essentially conceding or ready to concede; offered to fully support Bush; could be partly responsible for market getting more optimistic here... or at least relaxing a bit. We may be at (or almost at) a temporary bottom for a day or two (at least) and may rally late today and tomorrow, especially when combined with the 2.4% growth rate (also more positive than negative). We'll see. I'd feel best about going long (in a big way) if I saw a retest at about 2680 (double bottom) near 2:45 - 3:00 then a rally that started on high volume. I would not be surprised at all to see a 100-200 point rally from there in a day or two. Holding only AMCC and SCMR right now

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