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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 (116809)11/16/2000 3:03:08 PM
From: Jenna  Read Replies (1) of 120523
 
Shorts are picking up momentum.. Just an aside here. We noticed in the trading forum that at the little blip of an attempt to rally, INTC, CSCO, DELL and AMAT were actually moving to the lows of the day even as the NQ's were showing some bear flag rally attempt. Very unconvincing and weak attempt to rally. You cannot have a rally with belwhethers weakening and dying. Sure enough 5 minutes late the bottom fell out and others started to fall.
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