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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 (117720)11/30/2000 5:14:40 PM
From: KevinMark  Read Replies (2) | Respond to of 120523
 
Something to think about........

What a well orchestrated plan by the institutions. I applaud them for what they are doing here.

They killed every tech issue to be found with the exception of the big 2, MSFT, and CSCO. They propped up CSCO while dropping the bids on every thing else. Then they release some ambiguous trading floor rumors on CSCO and NT about their inventory. Hell, we already new that. Then they loaded their boats on the long end, on all other tech related issues besides MSFT, and CSCO, and now they want to shake traders by getting them to believe everything will fall in earnest to the big caps. Really? Then why are all the other techs rising? I expect the small caps to rock, and the big caps to get killed. A very well plan indeed.

My hat is off to you guys. Very nicely done.

KM



To: Jenna who wrote (117720)11/30/2000 5:18:54 PM
From: Dave Gore  Respond to of 120523
 
Jenna, there are some signs tomorrow could be an excellent rally day. Many quality stocks are up after hours. Heavy volume today cleared out many sellers and set up a comeback rally situation. Also noticing that NVLS is reacting well after hours to a statement by the CEO who is reassuring going forward. Also many reits of Buys and especially STRONG BUYS on stocks have come out in the last hour or so. Even though few are in the tech arena it does signify some optimism.

We could see many stocks do a CORVIS comeback. Regardless, it's sure a lot more positive than last evening.

PS-- JDSU appears that it was yet another cheap buy at the close. There were tons of 100 share sells around 50+ again in the last 5 minutes of trading, setting up a nice rally after the close (currently 51-1/2). I was buying as they were selling. Really feasted off JDSU today. That 50 level provided some nice bounces on multiple occassions.