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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?


To: wlheatmoon who wrote (1258)6/7/2000 3:26:00 PM
From: John Pitera  Respond to of 2850
 
Thanks, I'm going to add those 3 in the not too distant
future. Especially on a decline!!

Another important tell is after you have a group that has
a massive decline, some of the speculation is stamped out
and not all of the stocks rally as strongly

this is a bookmark I saved 4 months ago of
some of the genome plays

quote.yahoo.com

as you can see MLNM and HGSI have had the strongest rallies
after their lows. They also made those lows the quickest
and did not have double bottoms, the have made higher lows
and higher highs.

A big market sell off is often a Godsend from the sense that
after all the stocks come down you can get tells by
looking for the few that are strongest on the rebound.

jmho

JP