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: Jerry Olson who wrote (95801)	5/3/2000 11:16:00 AM
From: hjz	Read Replies (1) of 120523

Jer, We are right back where we started last Thursday in the 3600 range. It is clear now that those traders that bought then were just momentum and short term players so here is the key support level as I see it. The shorts have been buying back in stages so therefore the short cover bounce may not be as strong. I don't think many shorts will hold through the job report Friday so look for a bounce before then. Right now I am just following the strong stocks ( check my posts today for them ) and until I see them weaken again, I will hold unless we break 3650-3600 level. HJ

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