AWARE Message Board - Msg: 15367223

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Technology Stocks : AWARE

AWRE 2.030

-1.0%

Dec 24 12:59 PM EST

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To: Scrapps who wrote (1961)	2/16/2001 5:36:17 PM
From: Peace	Read Replies (2) of 2404

Well, my instinct is based on todays action. Despite the huge negative picture today, the naz did not break the low of this week. The volume despite options expiry was lighter than yesterday. spx bounced off the 1293 support and closed above 1300. The dow also held the 10700 support. I think a lot of people are craving to buy this oversold market but the negative news keeps them gun shy. The market will probably continue to base around and build support for a while and the spring to early summer period should see a major rally as the economic picture starts showing signs of improvement. With some luck the second half of the year will probably see analysts raising estimates and we will be in the thick of the next bull run. Just some thoughts, not a recommendation. <g>

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