Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Adelle who wrote (34894)	4/19/1999 5:12:00 PM
From: briskit	Read Replies (2) of 120523

Can someone do some comparison to the August/October point drops and see how the market acted then? This market seems to have distinctives that longer watchers might identify. Money is moving between sectors, etc. Did that occur last time also? This is actually the 3rd or 4th day of hi-tech and net selling, isn't it? Seems like I remember a lot of red a couple days last week also. Nasdaq closed at 2345, which seems to me to be below the support of its last 3 or 4 distincitive lows since November. 2400 would have been right at that support line. Any ideas as to the relevance of this if it is true?

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