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Strategies & Market Trends : NetCurrents NTCS

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To: Susan G who wrote (4902)	11/30/2000 10:12:43 PM
From: kha vu	Read Replies (3) of 8925

<<<I hope they are still there in the am.>>>. <<Another strong indicator was the very strong "buy on close" orders on the NYSE for, are you ready?, LU, Q, HWP, GTW and GE. Hundreds of thousands of shares in tech stocks and the biggest Dow stock GE. GE had almost one million shares to buy at the close or almost 5% of the days volume. Would you bet $50 million on GE if you thought the Dow was going down much farther? Goldman Sachs' chief strategist Abby Cohen told clients today that because valuations have become more appealing, her model portfolio is now overweighted at about 35% in tech and telecom for the first time this year.>>>

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