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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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To: Spytrdr who wrote (1633)1/13/2001 1:31:26 AM
From: FR1  Read Replies (1) of 2110
 
FWIW, I noticed the following in the past when we had a similar market to ours today:

1) At the start of earnings month strong stocks that reported real good numbers and had a good CC usually sold off.

2) Later in the month they were bought back in a big way.

Why? because fund managers wanted to see how the other stocks would do. When the reports are over at the end of the month (Jan 26th), the stocks that reported well with good CCs got the most money. Those that reported bad or had bad CCs got nothing (box makers this time).
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