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To: JRI who wrote (17457)10/22/2001 12:59:33 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
re: tech/non-tech divergence

Gotta remember that at the recent lows (Friday morning) we had non-tech dribbling down while tech, particularly NDX, was holding up pretty nicely. Now we are getting some catchup.

What bugs me, is the nature of this pullback here in tech -- it looks bullish still, hinting at follow-through this afternoon. I guess I am just a nervous short, but we have covered some up ground awfully quickly in the face of NO good news.