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Technology Stocks : Gemstar Intl (GMST)
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To: RocketMan who wrote (2312)3/15/2000 3:27:00 PM
From: RocketMan  Read Replies (1) of 6516
 
This week has been what some on this board had been worried about. With GMST taking its good long time in a consolidation pattern, there was a good chance that by the time it broke out the Naz would be in correction mode. Unfortunately, corrections are as insane as huge runups, and sellers/buyers don't take a lot of time to think about the stocks they are selling or buying. The good get thrown out with the bad. Oh well, maybe the spring will be wound up a little tighter for the next up move.
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