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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StockOperator who wrote (3786)	3/22/2001 2:45:03 PM
From: JRI	Read Replies (1) \| Respond to of 52237

SO- There must have been some rotation from Dow to Naz today....only that would explain, IMO, Naz "top techs" doing as well as they are....safety flight.....that means, of course, its parked money...that will un-park at some point... As a matter of principle, I likely won't cover my SMH...I think this is pure BS today....up 6% in this market?......that report is going to be awful....Don't see Naz bouncing from that...and don't see money flowing to semis after either.. Of course, I always reserve the opportunity to change my mind <G>

To: StockOperator who wrote (3786)	3/25/2001 11:36:41 PM
From: StockOperator	Read Replies (1) \| Respond to of 52237

There's some interesting divergences out there. The chips are pushing into heavy winds; reversal on the VIX; with the close last week I have a whole bunch of tech stocks "positioned" to move higher. What does it mean??? At this stage it is too early to say. But I think you have to take seriously the short term patterns that have formed lately. Depending on how we close out this qtr., there is a possibility we could be setting ourselves up for a countertrend rally. If it does happen I believe the move could be pretty powerful. Stocks would have to have another very strong week to solidify things. Remember this call is based only on the short term patterns that have developed. A bad week could easily tip us back into the abyss.