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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (2405)	6/29/2001 3:37:10 PM
From: John Pitera	Read Replies (1) \| Respond to of 2850

Tom, so how are the folks down under doing.... You know they are upside down "Down Under" Selectnet and SOES are down this afternoon and trading firms have been told not to use them, that is creating a slow standstill this afternoon. You know the drillers and Natural Gas stocks have been sold so agressively that I've been checking several out today for a trade. EOG is a stock I may go home long this weekend for a trade. The VIX and VXN are a worry, but the VIX has a chart formation such that it looks like it may break the 21 area to the downside and head lower to the high teens over the next week or two. interestingly the KLAC and NVLS daily bar charts are showing them at horizontal resistance, they may just be able to "Break out" above their respective selling levels and head higher. The Lond bond has gotten killed since 11 AM yesterday , it's down 2 and 1/4 big figures since then. The bond traders see the stronger economic numbers the past couple of days. there was some talk yesterday that TSM (taiwan semiconductor) is seeing improving orders from the US.