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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 (118789)	12/12/2000 11:04:02 AM
From: Dave Gore	Read Replies (1) \| Respond to of 120523

JNIC - was stopped out at 37-1/2 when it fell back; we just got a small bounce off minor intraday support at 35-3/4; if it breaks down again, there might be decent (but not great) support at 35 and better support yet at 34. This one's tricky especially if you didn't get the first and biggest bounce. I am not seeing the stock price necessarily correlate to the buys and sells; swings too wild, imo. Careful. It could do almost anything now. It's really best to get that first big bounce on these DOD's. Overall market action will be a huge determinant too, of course, and the market has weakened since it hit its high.