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Technology Stocks : Veeco Instruments-Who? -- Ignore unavailable to you. Want to Upgrade?

To: Mark Ivan who wrote (2370)	8/11/1999 8:07:00 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 3069

Mark, what I did not like in yesterday's move was the lack of strength in INTC and AMAT during the last hour rally, in general, indicating to me that we might nor be out of the wood. Some short term indicators are flashing, like the NYSE tick hitting an extreme of -1396 (the lowest since last October, if memory serves). We also bounced not too far from my first target for this decline at the support of 10450 (we actually had a bunch of room left there, about 100 Dow points). Yes a fast run to $35 has a small probability, but I will not play it (I am playing some NVLS (in the semis), from last week deep swoon, but that is about it right now, and will probably bail this morning during the first two hours). Zeev