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Strategies & Market Trends : Groundhog Day
QQQ 625.05+0.1%4:00 PM EST

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To: Rainy_Day_Woman who wrote (3885)5/9/2002 6:36:58 PM
From: Outer-limits  Read Replies (1) of 6346
 
<he took exception with your 'rally' comment because he felt it is/was a short squeeze and being the caring person he is, he didn't want others reading your comment and jumping in blindfolded>

Well, today's action confirmed yesterday was just another short covering Bear Market Rally. However, some big investors MUST be accumulating these beaten down tech heroes. How many times before the peak and even after, did I hear mutual fund managers begging to buy CSCO under 50 or
EMC under 80, etc. These companies WILL be back, mark my words. Now as far as TLC is concerned, I really don't care what the guy thinks. If he's that quick to be ruffled, well thats tough cookies!!!!
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