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

To: JRI who wrote (4904)	4/3/2001 11:55:14 PM
From: StockOperator	Read Replies (1) \| Respond to of 52237

Remember this sector was the headfake for the bulls. WS pointed to their recent strength as being a bottom for the market overall. So their recent weakness still represents only a smaller percentage from those highs. Does that mean they represent the best bang for the buck? It's hard to say. I am finding so many shorting possibilities that I'm dizzy. I think it's important to ask ourselves that when we look at INTC at 24 or PMCS at 20 just how much lower these stocks can go. Can they still blow 30 to 50% from here? Especially if the COMPX loses another 700 pts from here. I think so. Still plenty of short opportunities out there.