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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: Susan G who wrote (101286)6/8/2000 12:32:00 PM
From: bobby is sleepless in seattle  Respond to of 120523
 
Susan...

lot of conjecture of late on filling the breakaway gap, to fill or not to fill, that is the question...

volume has picked up somewhat from its lackluster trading in the 1.2 billion range now to 1.5. We're still on the lighter side compared to earlier in the year, tho a shakeout of the daytraders, inclusive the institutional swingers happens to be one rationale for calmer trading along with seasonality......is it a good sign that we're hangin out in this range, consolidating before the next leg up...sure...

OR, are we topping out...need to go back down, do the filling thing so everyone and their mothers feel comfortable about jumping back in with sideline money?

something magical could happen tomorrow...?...!...?....!



To: Susan G who wrote (101286)6/8/2000 12:37:00 PM
From: ayahuasca  Respond to of 120523
 
The gap was filled day before yesterday and it then went down to the near-term bottom around 35-36.., forming the double-bottom you describe. I bought when DISH filled the gap, a little too early as it turns out, but all the technicals look good for a near-term move back to the 45 level at least. That's why I am confused with the lack of strength today given both the technicals and the upgrade/$85 target. Something strange here and I am not sure what it is.