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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (13248)	3/1/2002 2:25:48 PM
From: Susan G	Read Replies (2) \| Respond to of 26752

The past few weeks people could not dump their nas stocks fast enough, they were tossing them out the window. You really think sentiment has changes that much - with a few numbers out to cause people to want to buy and hold here? 90% of this buying today is short covering IMO, both retail traders and Institutions... It may last a bit as shorts were loaded up on the nas, as I posted last night, that any break to the upside would be fast and swift. Lasting more than a day or 2 is another story IMO. DOW may lose the breakout pivot here