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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

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To: Philip W. Dunton, Jr who wrote (3441)8/23/2001 9:34:52 AM
From: Bill Hermesmann  Read Replies (1) of 3661
 
>>>>>>>There is certainly enough
bearishness out there to support a decent rally.>>>>>>>
Phil,
There is really NOT enough bearishness out there. Do you think that you are voicing a contrary opinion or something?
The put-call ratio on the OEX and QQQ has been supremely bullish over the past few weeks indicating bottom fishing, optimism, and an "oversold" mentality prevails. This is synonymous with flash in the pan rallies. Great for day traders maybe.
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