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To: E.J. Neitz Jr who wrote (30941)4/19/2001 7:49:13 AM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
MEBBE, just MEBBE -
very impressive rally coming on top of strength past week or so. very significant technical progress was made yesterday, with the first NAS close higher than the previous high: siliconinvestor.com - in addition, investor sentiment is likely to shift very quickly, from fear to greed. From i don't want to own any of these stocks to i'd better get in before they take off. From i'll buy them on a pullback to there ain't gonna be no pullback.
Too early to call that we have but in a real bottom until there is a successful test of the prior low.
and, while the 180 day chart posted above is encouraging, the 3 1/2 year chart makes it look like just another up blip in a looooooong downturn, though stochastics sure are indicating still much oversold condition. stay tuned. yesterday sure was FUN! though. larry