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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 14 4:00 PM EST

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To: Johnny Canuck who wrote (28413)	9/24/2000 10:23:03 PM
From: Clint E.	Read Replies (5) of 68055

Hi Harry. As I said, I think the game plan is to keep the nasdaq(as an index) up by pushing ~20 stocks that their market cap would equal those of the ex-large-cap titans: intc, msft, and even csco. >>>>Anyone know the record day for the mutual funds for the end of Q. Is it the end of the month or a few days before? I asked that question a few years ago but didn't get anywhere. As you know, CNBC has always mentioned window-dressing as the last day of the month so that's the kind of noise to be aware of. I think 3900 is the best the nasdaq can do, with the help of some third & fourth tier stocks(since those ~20 stocks are already over-extended). It should be a sucker's rally in my view and the short side of over-extended stocks such as brcd, ntap, extr is the place to be. These stocks should fall a few weeks before earnings and then make a comeback just before earnings. I think they will top this week. Clint

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