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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: Jenna who wrote (115559)10/24/2000 5:44:02 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
SEBL those long I would take profits in the after hours. Tomorrow looks like more blood in the street. MXIM down in the after hours over 6 also even MXIM.



To: Jenna who wrote (115559)10/24/2000 5:54:30 PM
From: SBerglowe  Read Replies (1) | Respond to of 120523
 
Jenna,
Can you briefly summarize what was the catalyst for the afterhours selloff.

Thanks,

Susan



To: Jenna who wrote (115559)10/25/2000 10:31:50 AM
From: Dave Gore  Read Replies (1) | Respond to of 120523
 
Jenna, I think most are expecting an NT/JDSU rally after churning this morning. Lots of institutions buying and selling in huge blocks.

Let's see what happens after lunch. Sanity usually returns and I expect a close near or above 50 on NT.

If it doesn't close above 48-1/2 we could see the low 40's tomorrow.

Odds are 75% it will close above 48-1/2 and 50% it will close above 50, imo.


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