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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (41880)3/30/2001 3:46:49 PM
From: Canuck Dave  Read Replies (1) | Respond to of 56535
 
If I was a long term Tech investor, I wouldn't be too thrilled about today's action.

It's a low news Friday, and stocks aren't exactly bouncing off their lows (i.e. JDSU, NT, CSCO....). The successful testing of Nasdaq 1800 is encouraging, but it might not survive another assault.

Those June futures (under 1600!) would lead me to believe there's more pain a-coming in quarter 2.

CD