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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (115848)10/31/2000 11:26:11 AM
From: Dave Gore  Read Replies (1) of 120523
 
Jenna, I disagree a bit. Traders are moving out of the DOW to the NASDAQ. I don't think weakness in the DOW will translate into NASDAQ weakness in this case.

Normally it might be true but not today. If the NASDAQ hadn't presented such great buying opportunities, I think the DOW would probably be much stronger. If the DOW turns negative it's probably only because money is moving to better value plays in the beaten down techs.

Kind of a market rotation to better values.
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