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To: Chip McVickar who wrote (745)4/14/2000 12:13:00 PM
From: Starlight  Read Replies (1) | Respond to of 1154
 
The market is really nasty today -- however, income taxes are due on Monday, and today is the LAST day to sell stock and have it settle in the account by next Tues. - which is cutting it close for those tax checks that will have to be in the mail Monday. I'm guessing that most people will owe MORE in taxes this year due to past year gains in the market, so therefore, stocks are being liquidated to pay the tax. On top of that, the news reports are saying inflation MIGHT be creeping up, which leads to more stock selling. It will be interesting to see if the close today holds the lows from last week or if we make a new low.



To: Chip McVickar who wrote (745)4/15/2000 4:23:00 PM
From: John Pitera  Read Replies (1) | Respond to of 1154
 
Chip, it was quite a day and quite a week.

the good news with GENE is it's right @ it's 200 DMA
and has given a double momentum buy signal

(it's made 2 higher lows on it's RSI and and MACD, see
chart)

geocities.com

Normally this would be a pretty high confidence buy. This
is an unusual market, so we'll see if what normally works
is still working. -g-

John