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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: LindyBill who wrote (22216)4/4/2000 2:00:00 PM
From: StockHawk  Read Replies (2) of 54805
 
>>As soon as we bottom, you will see the funds back in with heavy buys. <<

Well, the nasdaq hit 3650 at about 1:15 and 2 million shares will have crossed before 2pm, which must mean today will be a record volume day - by a good measure. Perhaps this was the fear-inducing sell-off that was needed before the techs could start back up again.

As noted, cash has been coming into the market and the rising dow on recent days shows that money is rotating, not leaving the market. Funds should rotate back to tech once some recovery is seen. No one knows, but those are some reasons for optimism.

StockHawk
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