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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: John NY who wrote (96158)	5/4/2000 1:27:00 PM
From: John NY	Respond to of 120523

Just for the short amount of time I'm looking at SPX, I'm amazed at how some stocks follow it very closely the charts seem identical. BTW, it's really nice weather here in NY. Might make a long lunch for everyone here....

To: John NY who wrote (96158)	5/4/2000 1:34:00 PM
From: Lane Hall-Witt	Read Replies (1) \| Respond to of 120523

I'm not very excited about it. I started noticing this very mild pattern early in April; it doesn't happen the same way every day, of course, but I've noticed many days where there was early weakness, followed by modest upticks in the middle of the day, followed by more weakness after 2-2:30. I have been interpreting that as a sign that the professionals are net sellers, rather than buyers, at this point. Of course, all the talking heads on CNBC will tell you they were safely on the sidelines by mid-March and that they're awash in cash, ready to buy the bargains. . . .