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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: Jenna who wrote (42479)5/28/1999 3:01:00 PM
From: Joe Hoek  Read Replies (2) | Respond to of 120523
 
My theory on today's action:

At the open MM's lowered prices to hit as many stops placed by everyone who was going away for a long weekend. After that the "die hards" who didn't take off started buying creating a rally.
Now when everyone comes back on Tuesday to see this wonderful turnaround, it will start another buying spree and we go higher.

Hmmmmmm..... almost 3:00. Will any selling start for the weak stomachs not wanting to hold over the weekend? So far so good, and I dont' think there will be enough volume to make much of a difference.



To: Jenna who wrote (42479)5/28/1999 3:03:00 PM
From: Tradelite  Read Replies (2) | Respond to of 120523
 
Out of SILK, 37+
Chickened out of waiting