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Strategies & Market Trends : Sharck Soup

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To: besttrader who wrote (33523)	8/25/2001 12:34:13 AM
From: Merlo	of 37746

Saw a quick rotation out of financial's into tech for a pop. Long on PHLI & OBCI. QQQ's at resistance next around $41.71. Was waiting for Q's to complete the April lows & retrace to around $33-$34. My actual set up buy price was $36.75 but held off. Didn't believe my own calculations. News > GLW increased market exposure into Russia & Asia. JDSU still a big name in FO. If telcom picks up these companies should do well.

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