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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (23679)4/11/2000 9:18:00 AM
From: Paullie  Read Replies (1) of 57584
 
Rande,

I could be wrong - happens quite often, but I think today is THE day. Techs down very big with little to bring them back to the stratospheric highs. MOT good earnings and getting hammered (almost -10% in pre - which is a big move for mot in pre market.) This tells me something - too much bad or "so-so" going on at a time when the market is traditionally weak for tech stocks.

Question is (and the temptation) - will there be some recovery bounce throughout the day - I think so, but extremely quick and also minimal.

Also, we need to think about re-entry for some of our "babies" to include adap, jdsu, and lptha - those seem to run ahead of the crowd often. (I am talking medium term - as in re-entry for the summer or fall.)

thoughts?

paullie
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