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Technology Stocks : copper mountain CMTN

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To: P314159d who wrote (754)9/8/2000 8:28:20 PM
From: Rarebird   of 1226
 
We all knew last weekend that there would be a pullback in tech stocks. Well, we got it. I see NDX 3700 as providing good support for the next rally to 4500 on the COMP. I expect the current decline to hold above the late July/early August lows.

Second half of September should be the beginning of some real "irrational exuberance" in tech shares, lasting till the Election.

A/D line on the NYSE looks fine to me. It is a stealth Bull market.

Beaten Down Tech stocks should rally strongly over the next 6 months from here. The worst is over.
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