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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (32467)	5/24/2001 11:29:59 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70281

11:13 ET Sector Watch: Retailers : Not often do you hear retailers discussed as momentum stocks, but this group was the original momentum play of the '90s bull market. The fast money crowd is responsible for spike in Gymboree (GYMB 6.31 +1.38, +28%) shares this morning, and contributing to weakness in Hot Topic (HOTT 29.35 -4.91) and Claire's (CLE 17.90 -4.00)... One name to keep on the radar screen over the next few days is Tommy Hilfiger (TOM 14.43 +0.72). Issue pushing up on important resistance at the $15 level. Ability to clear this level would target stock for an upside breakout.