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Strategies & Market Trends : The New Economy and its Winners

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To: Wizard who wrote (9159)	10/12/2001 2:36:06 PM
From: techanalyst1	Read Replies (1) of 57684

Hmmm... I don't think it was just short covering. That doesn't last more than four days. Look at the volume. Stocks get bought up on any little move down. Down days are usually on low volume and up days on big volume. The last shorts left probably will cover on any pull backs so I think that puts in a bottom. I don't see us taking a moon shot though. Valuations do matter, or I hope so this time.

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