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Technology Stocks : Inktomi (INKT) -- Ignore unavailable to you. Want to Upgrade?

To: PAR who wrote (1178)	4/20/1999 12:47:00 AM
From: Richard Jonec	Read Replies (1) \| Respond to of 1945

Why doesn't everybody lighten up. What, everyone thought this was going to the moon. Based on todays close it will probably bounce, technically speaking. Usually when there is a close such as this type today we could see a bounce in INKT, but it may gap down? If you can't take the ride get out. Look this market is not healthy too much divergence, but new highs vs. new lows indicates everything is O.K. The DOW looked like a reversal. The down trends always seem to come after the shift to the cyclicals. There could be a 2/3 retracement from the highs in Nasdaq.