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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (26111)	4/14/2000 12:14:00 PM
From: shasta23	Read Replies (1) \| Respond to of 70845

Harry! You're right about the instituations. It's not me and you buying that will reverse this market. It's the mutual funds seeing the light at the end of the tunnel or the white in the eyes of mom and pop giving up their shares for a bargain that will turn this market. I think fundamentally(which i understand less than anything else) it seems to me that we're getting into a good territory here but i'm sure that they'd rather see it marked down another few procent. 100% cash since 10 days and waiting and waiting and waiting for the turnaround. Very temped to buy GLW, RFMD, APEX,SEBL...but will sit on my hands! When this thing turns it's going to be a nice bounce! Stefan