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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: unctarheel who wrote (88569)	3/15/2000 12:37:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 120523

i don't think the stock has fully corrected yet..i would wait till it and the sector settles first.. next GEMMERS.. i'm looking at everything right here... the NAZ-DOT-SOX, are all correcting no matter wehat we see on the screen.. the OEX-SPX-DOW are all up large today...so there's selected selling of the NAZ stocks and within those sector above incl. the bio techs they are not done consolidating yet... i have a downside target of 4300 on the NAZ...should happen very fast here... watch the SPX it bounced off my first target 1357.00 right on the button...it needs to hold... i want to see what happens between now and Fri's cycle low... remember NAZ 10% corrections happen very quickly... keep some cash handy for the expected rebound... more important is 3 major P&F indicators turned down this week..and the OTC was one of them..it broke a double bottom...so we are going lower.. sell the dogs with fleas that have not participated in this recent rally, because they are dead meat... and take that money and put it to good use when we bottom... cash is king.... OJ