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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: U.B. Green who wrote (6195)10/12/2000 11:10:39 AM
From: Bosco  Read Replies (1) | Respond to of 30051
 
Hi Zeev, while I am surprised at the weakness in C and JPM, even though the unemployment ticked up, HD accounts for the big % [1/3?] of DOW's slump. WMT is also weak, but I guess it is understandable in a slowing economy

best, Bosco



To: U.B. Green who wrote (6195)10/12/2000 11:18:06 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
It is not strange when the weakness is concentrated in few issues. I for one, Jumped back into SCMR at $78. I think that the wild gyrations and consecutive extremes in the tick are healthy bottoming actions. Look at the naz' trend, .50 when the tick is still some -600.

Zeev

irrevolute.iuma.com


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