SIEB Siebert Financial Brokerage Message Board

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Technology Stocks : SIEB Siebert Financial Brokerage

SIEB 2.740

-1.8%

3:59 PM EST

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To: Sun Tzu who wrote (251)	4/16/1999 6:38:00 PM
From: James C. Mc Gowan	of 284

Sun: yes, I see the correlation btw AMTD, NDB and I also put up SCH, which I consider the bellwether of the Etrade stock, on my quote screen, when I am trading SIEB interday. I'll check out those charts you mentioned this weekend. The volume really did evaporate today, so your theory about selling drying up may be likely correct. By the way, your 35 level would have been an absolute gem to use today when the price dumped to 33 3/8 today in the early AM, then quickly ran to 37; too bad I didn't get up early enough(West Coast) to take advantage. As it was, tried a late PM scalp with a goal of one point and only got pizza money SCH tanked, NDB lost 10%,so the theory of sector retracement after run up to earnings holds. Have a great weekend James

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