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

To: j g cordes who wrote (33291)	7/6/2001 1:54:35 PM
From: Clint E.	Respond to of 69854

Jim, it is no surprise that blocks are dumping. Storage was supposed to be safe and it is not. IBM was supposed to be safe and it may not.........Yes, I will not buy EMC here. Feels like GLW and JDSU. Re retailers, I think large-ticket items are being moved with the help of these 12-18 month deferred payment plans. This was fine a couple of years ago when financial and real-estate assets of people were rising. What about now? Can people pay their credit card debts a year from now if economy stays soft? Don't really feel like buying today. I am with you. Let it rip lower and let's get some volume behind it.