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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: T-Lo Greens who wrote (114824)10/6/2000 5:17:32 PM
From: Jenna  Read Replies (1) of 120523
 
MRVC no short there. Amazing some of the strength that just exploded into the close on many stocks. Most people had given up and closed up shop by then. But it was those in deep corrections in the last 4 sessions that might have exploded even more. Unfortunately you can't hold anything that moves down 30% in a few days more than a daytrade. MRVC I'd still be afraid of holding. Hopefully MRVC will continue to move up next week. Those last 2 10 minute bars might tell the story for Monday. There was a lack of conviction still due to the VECO report.. and the 'sky is falling fears'.
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