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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 685.66

+0.2%

Dec 5 4:00 PM EST

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To: Johnny Canuck who wrote (27700)	8/23/2000 12:00:05 PM
From: Johnny Canuck	Read Replies (1) of 68652

Storage sector seeing some interest: 10:39 ET SANs Rally : Shares of Crossroads Systems (CRDS 12 7/16 +1 15/16) and Gadzoox Networks (ZOOX 10 5/16 +1 1/8) running early this morning, as traders come back to these two beaten down stocks following impressive advance yesterday. Rallying in sympathy is Vixel (VIXL 6 5/32 +19/32) 09:21 ET StorageNetworks (STOR) 109 7/8: Goldman Sachs reiterates OUTPERFORM rating; says weakness related to announcement that EMC (EMC) and Exodus (EXDS) have formed a strategic alliance that will compete with STOR is overdone.

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