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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (4971)	7/24/2002 10:29:58 AM
From: ahhaha	Read Replies (1) of 24758

Market update: Not much net selling going on in the NAZ big tech stocks. Our bellweather, AMAT, exemplifies what is occurring in the stronger stocks. Use its price pattern as a relative measure of other stock's strength. It's book is getting fairly heavy with orders above and there is a fair amount of short covering. We gapped so we are likely to see a drop down to test the lower bound of the test.

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