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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 (117308)11/25/2000 3:25:55 PM
From: Jenna  Read Replies (2) of 120523
 
Recovery can be mixed. No one is certain that if and when there is a recovery it would necessarily be in the nasdaq issues. You don't have have a bullish or bearish outlook on the entire market. You can be bullish on the S&P and bearish on any long/intermediate range rally in the nasdaq. You can be short the the Nasdaq Index or particular stocks that are still looking mighty unattractive or short indexes in the nasdaq while going long indexes and/or stocks in the S&P etc. This 'rally' will not be down the line. All technology stocks are not created equal, nor will they rally equally. We should still keep a watchful eye on the those that will not have staying power and more than likely offer short opportunities in the days and weeks to come.
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