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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (23672)5/17/2001 7:56:51 PM
From: DlphcOracl   of 37746
 
knight8z: I do. I think market will open down, drift a bit lower for the first hour and then rebound. The NASDAQ may finish the day in the red, buy it will not (IMO) close at the LOD. There is a definite change in investor sentiment and too much institutional money on the sideline is heading into the market. I think the individual companies reporting bad earnings and poor visibility may get whacked, but I do not think it will lead to a massive selloff in technology (at least for the remainder of May).
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