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Strategies & Market Trends : Sharck Soup

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To: DebtBomb who wrote (21500)5/8/2001 8:00:09 PM
From: Ron Dior  Read Replies (1) of 37746
 
Good job reporting on CSCO Dale. I don't think anything was gained or lost in the CC. Market was looking for a reason to gap down tomorrow so they will somehow blame CSCO. I will still be buying on the dips though for I think we will come back EOD. I think over the next few months we are going to see the divergence between the Naz and Dow begin to close. Money from Dow staples will be rolling into the tech sector. If you look at the two indexes you can see it slowly happening. I think the 11000 ceiling is going to help speed up the process. IMO the techs are going to slowly climb as the Dow drops. Time will tell if I am correct...

Ron Dior
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