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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (7896)	2/13/2001 5:21:07 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 13094

I don't know about PII, but NEWP has sure been a stellar dumper...the bloom is off the "tech" rose, these things are just having massive sell pressure. I am thinking now that the QQQ's may see $50 here pretty quick, I mean if the market wants a rate cut to give them a boost, and one isn't coming soon, what is going to hold them up? (They still are good long day trades on up days) I have to say, the NDX & SOX have been very good to me lately, I seem to have found the right grove going up, and the right grove going down....I figured the rally was going to fizzle like a stale fart, (buy the rumor, sell the Greenspeak) that is why I got out this morn on the long positions I had left in the ndx & sox calls, too many people hoping for words to bail the markets out, but the volatility brings trading opportunities like a waterfall.