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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 (117005)	11/20/2000 11:04:28 AM
From: electra	Read Replies (1) \| Respond to of 120523

you're right Jenna, I need to learn how to short..been resisting too LONG electra

To: Jenna who wrote (117005)	11/20/2000 11:42:42 AM
From: Dave Gore	Respond to of 120523

Jenna, the downside is more the lack of buying than lots of selling. Lots of cash on the sidelines and fund managers are salivating at the opportunity to pick up cheap(er) stocks. I would be cautious to make a bet for much more market downside. Market could turn around quickly. Money could even be flowing out of HMO stocks and going to cheaper NASDAQ stocks. Like I said yesterday, few can see more than 10% downside on the NASDAQ from Friday's close and we are down about 5% today. FYI - 2859 is the annual low on the NASDAQ. We are at 2885.