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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Linda L who wrote (34323)4/16/1999 10:28:00 AM
From: jan m.  Read Replies (1) | Respond to of 120523
 
My view on the nets is that we will see continuing weakness for the short term, with a narrowing of the pack making some decent gains--my reasoning is the huge selloff, which is triggering forced margin calls, and it will be happening nest week--large gains on the nets had traders sending six figure checks the IRS---draining their cash to cover the calls. I think its going to take a few months to level out.


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