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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	5/7/2001 1:41:11 PM
From: besttrader	of 37746

13:10 ET Sector Watch: Storage : Investors and traders staying tuned in to the storage sector attracted by intriguing valuations and perception that storage will be one of the sectors that leads technology out its recession. Session standouts include EMLX (+5.1%), STOR (+4%) and small-cap names Vixel (VIXL 3.30 +0.99, +43%) and Crossroads (CRDS 7.54 +0.62)... On Friday, saw shorts leaning on sector player QLogic (QLGC 49.95 +0.66) at $49.50 resistance. Stock cleared hurdle in morning trade, igniting a covering rally that carried the stock to $51.69 intraday.

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