Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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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 (118263)	12/6/2000 10:54:01 AM
From: Dave Gore	Read Replies (2) of 120523

Jenna, Ouch! Shorts on NUFO, FMKT, INKT, even JDSU and others appear to have been too early. Most candidates have actually risen quite a bit from the 10:10-10:20 until now. Maybe shorters still covering on dips? I can't believe MANU is still holding well above 104. Glad I am still staying pat because I am confused, quite frankly as to what to do next. It's a war between shorts and longs and so far the longs are maintaining their own. This isn't a typical day where you can count or typical reversal periods, etc., at least yet, it seems. However, let's see if we get a "moody blues" lunch reversal in 20-30 minutes. Will be interested to hear your comments and others about this market today as it unfolds. You are right, the weaklings should be falling but so far even they are pretty resilient. Maybe soon.

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