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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject3/20/2001 12:39:42 PM
From: velociraptor_   of 37746
 
One other observation...tech stocks seem to be kind of sluggish today. Two possibilities: they are either pretty much spent out, or they are waiting for the FED to move higher. Given that most things are overbought in the shorter time frames, I am favoring the spent side. On a good bottom, I would expect the tech stocks to lead the way on a recovery as that is where the most volatility lies and they are the most battered, thus people will want to get in on them early. The strength has been lackluster so far.
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