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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: Jenna who wrote (96958)5/11/2000 12:01:00 AM
From: MrBuzz  Read Replies (3) | Respond to of 120523
 
Cash it is...

Today's move to the downside on increased volume in the Nasdaq Composite does not look to fare well over the next few days into Greenspan. The volume has been pathetic and sentiment appears to be that there are more people on the sidelines waiting into next week.

A finish below Nasdaq 3300 will make things quite interesting - possible sell off to ensue into target of 3111. Heck, the dreaded, 2500-2800 land doesn't look that far off either. 3800 appears to now a tough cookie to break.

Might as well go on vacation... this summer looks to be long and drawn out.

MrBuzz
whats-the-buzz.com