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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (32360)	5/9/2000 12:12:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 63513

Bounce it will... whiteknightcoming.com

To: John Pitera who wrote (32360)	5/9/2000 1:42:00 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 63513

John, I agree with you about the charts, I see the same pattern on all the "usual suspects" like JDSU, QCOM, even CSCO. After the big sell off, it looks like at least 3 failed rally attempts, each one lower than the previous. <edit> I just looked at a few of the former high flyers like NTAP, JDSU, AMCC,EXDS and I even threw in LSI off the NYSE, and it appears that the 50 DMA is RESISTANCE. What is your opinion if these stocks are unable to breakout above the 50 DMA? A hard crash or more slow bleed? CSCO's forward looking statements and the markets reaction will clinch it for me. bp