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Technology Stocks : Vitesse Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: The Gambler who wrote (4263)11/5/2002 2:29:35 PM
From: OldAIMGuy  Respond to of 4710
 
Hi TG, Yes, daily volume would blow the Short position away in quick order. I've seen big moves and volume on the telecom cap equip side as well. VTSS and the cap equips aren't exactly the same areas, but they share in common being beaten within an inch (or maybe a dollar) of their lives by the Big Bad Bear.

My VTSS, ADCT and DIGL have all risen huge percentages from their recent lows. There was still net Mutual Fund cash outflows up until just a couple of weeks ago with "tech" in general still suffering the most. Rear view investors were moving from these beaten up sectors to fixed income investments so they can be beaten up again in the next sector swing.

Crazy!

Still, it does seem peculiar that so much has flowed so quickly back into stocks like VTSS.

Best regards, Tom