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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (8951)10/2/2002 12:12:49 AM
From: Abner Hosmer  Respond to of 30712
 
Well, that's a lot of herky-jerking around for us to still be sitting on the July lows. If we're going to get a good tanking here then I think the market better get on it.

Semi's and computer hardware were last to break on the way down through the Sept lows, a lot of those have been given a good flushing by now. Not to say they can't go lower, but I think some of these issues are going to start bringing in buying in this range.

We may be at a point where we start seeing some rotation back into the Naz. Rome didn't crumble in a day (cliche alert).