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Technology Stocks : Jimbo's Playhouse/CPQ

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To: Kenya AA who wrote (7310)7/28/2000 7:54:14 AM
From: Mao II  Read Replies (1) of 12663
 
Hi K! For what its worth, futures are strengthening a bit here. Your EMLX is in the same situation as virtually everything else. We are at the mercy of larger market forces. All long trades, no matter what the company or sector, are threatened. Virtually every key average, from NAZ comp to NDX, SOXX, SPX, BKX, IIX, PSE, BTK is right at major moving average support. The biotex bounced a bit off the 50, the DOT has crashed thru everything. We need to hold here and move back up or the market as a whole -- and EMLX, DIGL, FLEX, LDP and other thread faves -- are in serious trouble. Much will depend on price deflator and GDP coming out in about 45 mins. M2
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