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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fowler who wrote (11226)4/29/2002 11:33:12 PM
From: techanalyst1  Respond to of 57684
 
There are some tech conferences coming up and a few left to report earnings.

I'm going to watch brcd. Emlx did ok with earnings and is holding up relatively well even floating a convert. OTOH qlgc reports next week and is sure weak. I know if it cracks 21.60 it's going to fall pretty fast. Hard to believe that will happen given how it's held up so well, but nothing surprises me any more.

Brcd either is in a trading range or developing a descending triangle same as vrsn did. Maybe tomorrow it decides which way it wants to resolve itself when they present.

Some previous strong non techs are sure beginning to crack.

This isn't the way a bull market is supposed to work.

TA