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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (110354)10/12/2000 8:52:31 PM
From: Danny  Read Replies (2) | Respond to of 164684
 
Glen, at least I start to see some light in the tech sector
today. I mean with all the negatives going on today, tech
was generally holding well and fought until the last hour.
Granted this is not a pretty day, but not a cross over
sell-off day either which you would normally expect
given the negatives on the street. Money managers were
still honoring the 50 support for CSCO until the
last minute.

So, overall, I would say this is not pretty, but the pain
is probably close to the end.

Nevertheless, I would not fully committe to this market
until I see a postively closing with big volume. As
to capitulation, I think we have more or less seen it.