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

To: mattie who wrote (34367)	9/21/2001 2:44:56 PM
From: Johnny Canuck	Read Replies (2) \| Respond to of 67943

I know most people are expecting a re-bound after triple witching is over, but the market has a way of doing the opposite of what people expect. I agree with you though. This is the largest weekly drop in the DJ30 since the depression of 1929. I agree with you though. Selected buying at this point has a good chance of success. So what are you buying? The landscape is pretty murky right now. EMC slammed storage stocks and the layoff indicate they don't think it will change soon. ONIS slammed the metro market, though RSTN seems the indicate there is still strength in the market. Wireless is strong, but the SPCT just announce they will miss big time. That suggests weakness in North America and Korea on the infrastructure side. E-Gaming stocks are being effected by the delay of X-box and the need to re-write games. A lot of stocks are trading below cash MRVC, AVCI, CORV, SCMR, AVNX, but getting people to buy at this point is tough.