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: lee kramer who wrote (100522)	6/6/2000 10:39:00 AM
From: hjz	Read Replies (2) of 120523

Lee, I agree with you, that this rally is suspect until we see some strong follow through. When looking at the charts, I see the rally started at 3169 on Friday the 26th. Most stocks hit their lows on the 24th at 3046 but that initial move to 3345 was just a short cover rally. Right now that is a move of almost 700 points, a rally of 22% in over 5 trading days. Any buying now is strictly very short term and actually some strong stocks look over extended so that is my strategy right now. I hope you are doing well. HJ

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