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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: Dave Gore who wrote (117673)11/30/2000 12:36:48 PM
From: Jenna  Respond to of 120523
 
Shorts..that's why I'm holding short positions with tighter than normal stops and only a select few. I would also be saving for a nice recovery although I don't really expect more than a few days, but in a few days it could be 30% on certain higher flyers and particularly battered stocks (i.e. CORV and MANH yesterday) and look at JBL.. is that battered or what?



To: Dave Gore who wrote (117673)11/30/2000 12:38:15 PM
From: Lane Hall-Witt  Respond to of 120523
 
Dave: Yes, this is good to see -- the sentiment is finally turning negative, the VIX is perking up, the put-call ratio is coming along. Now we need the trading desks to abandon the bid and give us a hellish gap down. Another 10 or 15 percent down on CSCO, quickly to a level where a slew of buyers are lined up, would do us a world of good. I'm not convinced we'd necessarily get a huge bounce off a bottom, but some stabilization would be healthy at this point.


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