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Strategies & Market Trends : Moufassa's Lair

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To: moufassa7 who wrote (2679)	12/13/2001 2:22:22 PM
From: James C. Mc Gowan	Read Replies (4) of 13660

EMLX: my news ticker shows insider sales of 272K shares this AM, at 7:55AM or so. Also noticed insider sales yesterday on NTAP This combined with Mark's profit taking should tank these hotties,ggggg Nice trading on the long side, Mark. Lurking back towards bear cave, nursing puttski's, gggg NAS has been much stronger than SPX for some time; confirms the ramping for techs was the focus for use of liquidity; you get much more bang for your liquidity driven market push in techs, IMHO. However, the downside from the peak is a lot quicker on techies. Going into confession season now; and the numbers from the likes of CIEN are no longer going to be painted pretty. AMAT actually went up yesterday on news of large layoffs, now selling down toward 40 MaxPain level. Better call Big AL and the PPT, Captain, we need more dilithium crystals.ggg James

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