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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: nokomis who wrote (88091)3/13/2000 10:19:00 AM
From: Lane Hall-Witt  Read Replies (1) of 120523
 
I'm amazed at how little selling volume I saw on the dip. WAVX was down almost 6, and even that generated little more than a yawm and some stop losses. WCAP was gapped down by about 6-7 percent and only generated 10,000 shares of sells before the buyers started to step in, even with the absurd spreads the MMs have on the stock. The drop in the indexes makes a good story for CNBC to hype, but I'm not seeing the panic in the streets at this point. I'm just thankful I was able to pick up WAVX for my IRA this morning--.
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