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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: KevinMark who wrote (117322)11/27/2000 8:53:24 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Biotechs looking hot once again. Beaten down technology stocks are looking good. Short positions might be preparing soon but most are on the long bandwagon AFTER there was a bottom declared prematurely before the Thanksgiving weekend.

Not many short sellers I wouldn't think most of them were out over a week ago. In fact short sellers were going long themselves and were and are biding their time until there is a short term topping. There are sectors that are still shortable notably retailers, brokerages and more than likely the internet sector soon enough.



To: KevinMark who wrote (117322)11/27/2000 9:48:20 AM
From: Dave Gore  Read Replies (2) | Respond to of 120523
 
Morning, Kevin/All: ETYS, EXDS, even RHAT all nice profits again today. Market at resistance now, though. Sold ETYS at 2-3/8 as level 2 starting looking a little weak. Still plenty of buys coming in though. Sold others as well, although early on EXDS. Will we get a reversal here or will we keep going? Probably the former, huh, but am watching.

I talked about the possibility of a big rally today but not sure about that. Bush victory does look likely though not perfectly certain quite yet.

But we sure got a nice 2-morning run.