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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades -- Ignore unavailable to you. Want to Upgrade?


To: greenehugh who wrote (806)6/8/2001 12:51:47 PM
From: Jenna  Read Replies (1) | Respond to of 1227
 
I don't feel that JNPR was the only straw that broke nasdaq's back today, as much as the investors were wearing blinders and were in denial since Wednesday. Yesterday's move was the one that was out of synch with the fundamentals of the technology sector, but heck we saw the writing on the wall by 6:30 this morning the nq's and sp's were up sharply, little by little they made their way down. Still think the next 1 to 2 weeks just be decided day by day. I won't be holding technology as an investment still long on the strong side of the market, the side where reality shows good strong earnings or at least good potential for NOW not hopeful anticipation for some arbitrary time in the future.