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Strategies & Market Trends : The picks

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To: Andrew Vance who wrote (4104)	2/6/1997 5:37:00 PM
From: Trader X	of 6124

Andrew et al: Market reversal day......... Well it may have seemed like a boring day to most on this thread, but the price action of most tech stocks I follow painted a very lively story. Stocks such as CYRX, UTEK, and AMAT had a very weak morning of it, but smart shoppers were able to come in and buy up the bargains after noon, driving up prices of these key tech stocks. This kind of market action makes it look like the bull is still alive, and that higher prices are coming in the week ahead. Look for new highs in stocks that have been leading the rally, and a continued rotation into those that haven't participated as much yet. In particular the small cap techs should do extremely well in the current high growth rate economy coupled with low interest rates. Happy hunting to all. the Ubiquitous One

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