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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: Northern Cougar who wrote (34938)	4/19/1999 10:09:00 PM
From: Lane Hall-Witt	Read Replies (1) \| Respond to of 120523

Here's an interesting site for tracking institutional activity: thomsoninvest.net Today, according to the charts generated here, institutions seemed to be accumulating in the Internet sectors (Internet Service Providers, Internet Information Providers, Internet Software and Services). Individual issues that appear to have been under accumulation, on balance, include AOL, YHOO, AMZN, RNWK, BKS, and BVSN (among the few that I have checked thus far). I re-established some modest Net positions late today, but figure we probably are another round of panic selling away from a true bottom. I think another burst of intensive selling would bring some bargain hunters out of the woodwork, and this should induce a bit of short covering. I expect that would at least stabilize the sector, and perhaps even begin to drive it north again. Good luck and good trading to all--.