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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: lee kramer who wrote (91670)4/5/2000 10:49:00 AM
From: pooh  Read Replies (1) of 120523
 
Hi lee kramer, Don't think you want to short today, unless it's a real short short. Hope you didn't sell your CREE that you called and may have bought yesterday. Take a look at the 50 period EMA, you would see that both the Dow and Naz oscillate about these lines, then take off. I wouldn't short unless the naz drops below that point.

ps. agree with you about the premarket dip this morning. I was hoping that it would dip for another 1/2 hours or so into the market regular trading hour, otherwise, it ain't mean nothing.
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