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: Jenna who wrote (42479)	5/28/1999 3:01:00 PM
From: Joe Hoek	Read Replies (2) of 120523

My theory on today's action: At the open MM's lowered prices to hit as many stops placed by everyone who was going away for a long weekend. After that the "die hards" who didn't take off started buying creating a rally. Now when everyone comes back on Tuesday to see this wonderful turnaround, it will start another buying spree and we go higher. Hmmmmmm..... almost 3:00. Will any selling start for the weak stomachs not wanting to hold over the weekend? So far so good, and I dont' think there will be enough volume to make much of a difference.

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