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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: limtex who wrote (32001)2/21/2002 8:12:54 PM
From: t2  Read Replies (1) of 99280
 
limtex, The sudden realization hits a lot of people at the same time. In that sense, that active traders that follow the market all day have an advantage. The big sellers just can't get rid of their shares so fast without sinking the markets.
IMHO, they were waiting and waiting for buy orders to materialize to absorb the selling today; but there is not much interest in tech.
I believe the data that tells us how slow the tech recovery is ahead of us. For now, there continues to be hope like the XLNX monthly update today.

I don't even doubt the economic recovery; just have doubts on the Nasdaq market.

jmho
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