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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (47954)	6/23/2000 8:56:00 AM
From: robert b furman	Respond to of 94695

Hi GZ, Don't get me wrong, the NAZ's rise on above average volume but not booming volume is suspicious looking at this stage ( pre- announcement time ) it is supposed to. The 10 day moving average has crossed over nicely the 35 day ma. It is historically expected to take a head fake here. There are some nice tech stocks jumping out and providing some good leadership: newp,supx,kei,mu and many more waiting in the weeds not far from their highs : amat,nvls,intc. One day with a head fake is to be expected when many stocks and the Naz get close to its upper envelope channel. There still needs to be some high volume distribution take place.We lemmings have yet to prove how short our memory is. JMHO Bob I like Bill's call of down and then we rally into great earnings.July 4 th always is good times - isn't it?