Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: Jenna who wrote (91510)	4/4/2000 1:20:00 PM
From: Andrew G.	Read Replies (1) of 120523

Jenna: It's conditioning. Last several pullbacks had nice rebounds. We are not witnessing any rebound here over many down trading sessions. It started with the biotech collapse a couple of weeks ago and has spilled into every other sector and eventually into Dow stocks. Looming higher interest rates will not help any attempt to fuel a sustainable rally. It's really hard to look at any stock that moved from $50/sh to $200/sh and now is shot down to $70-90/sh range. Is it a bargain or does it have further to fall ? Who wants to be the guinea pig and be first to buy it ?

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