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Strategies & Market Trends : Rande Is . . . HOME

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To: maverick61 who wrote (50105)	4/4/2001 5:18:52 PM
From: moufassa7	Read Replies (3) of 57584

CSCO is exiting some optical business because of slow growth. Techs are moving higher AH. This is a good sign for longs. If stocks stop going down on "bad news", it indicates an oversold condition necessary for a rally. Remember, bottom rallies are usually fueled by short covering. If the shorts start "buying on the news" [opposite of longs selling on the news] we could could get a nice bounce, maybe more. IMO.

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