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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (77738)6/1/2001 3:37:51 PM
From: t2  Read Replies (1) | Respond to of 99985
 
That Cisco report that caused the selloff in the market for a few minutes just shows how strong the technology sector is today. Must be a big surprise to those that are skeptical of any move up on the Nasdaq.

I would note that many must have known about that filing 10Q before CNBC reported it since the stock was weak even while the nasdaq was positive.

I wonder if we get a strong close; that would be very positive. That kind of news hits different news sources at different points in time and that is my only reason for some doubts for a strong close.