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: Lane Hall-Witt who wrote (94946)	4/27/2000 3:24:00 PM
From: hjz	Read Replies (1) of 120523

I think CNBC had alot to do with the drop this morning. They kept saying " remember the last economic report with strong inflation numbers the DOW and NASDAQ sold off ". Both of the future markets were at the lowest I have seen in a long time. It seems to almost be a contrarian indicator, when CNBC and others say the market is in danger of reaching a support level of 3200 then it is the time to buy. I wish I had taped that earlier when they said NASDAQ support is 3200 or even 2900. Last time I checked, we were above 3700, I think they might have been off by just a little, just about 500 points. <grin> I wonder what the reports will be tonight,I will be sure to do the opposite tomorrow. HJ

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