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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: CAtechTrader who wrote (32106)3/1/2001 3:17:57 PM
From: CAtechTrader  Read Replies (1) of 65232
 
Interesting Pattern..day 2..an interesting pattern is continuing to emerge, with leadership stocks like JDSU and QCOM refusing to go lower and daring to go higher while the NAZ goes to new lows today. Also, most optical stocks are higher despite GLW's job cuts. Most interesting is the warning issued by AMCC which was accompanied by a lower re-open and now the stock being up 12+% on the day. When the NAZ stocks refuse to go lower even on warnings, the selling has exhausted itself.
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