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To: Olu Emuleomo who wrote (125348)5/21/2001 7:41:30 PM
From: craig crawford  Respond to of 164684
 
Nasdaq is rocking. I still think this is just a bear market rally though. No sense in stepping in front of it yet with shorts. Perhaps tomorrow. This rally is going to give me a nice chance to unload the last of my tech---that pig SUNW. Then it's just options on commodity plays like gold stocks, coal stocks, alternative energy, etc.

I have to say goodbye to this stock tomorrow as well. Maybe five interest rate cuts will start to keep some people out of bankruptcy?

Isn't this the most beautiful chart???
finance.yahoo.com

Only trouble is, the volume is getting excessive, just like when it peaked in '98. It's also going parabolic and is almost 2.5 times it's 200 DMA. That tells me time to cut it loose, it's had a nice run.