SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: lee kramer who wrote (100522)6/6/2000 10:39:00 AM
From: hjz  Read Replies (2) | Respond to of 120523
 
Lee, I agree with you, that this rally is suspect until we see some strong follow through. When looking at the charts, I see the rally started at 3169 on Friday the 26th.

Most stocks hit their lows on the 24th at 3046 but that initial move to 3345 was just a short cover rally.

Right now that is a move of almost 700 points, a rally of 22% in over 5 trading days. Any buying now is strictly very short term and actually some strong stocks look over extended so that is my strategy right now. I hope you are doing well.

HJ