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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: ComradeBrehznev who wrote (42866)	6/2/1999 2:21:00 PM
From: kha vu	Read Replies (1) \| Respond to of 120523

Selling .... selling. It takes TWO to complete a transaction: a buyer and a seller. This is a buyer market.( Whereas in REALESTATE it is now seller market). It is a regret that we are NOT the BUYER at this point. Technically 10400 then 10200 are the support lines for DOW. If this looks ugly, then we should prepare for the fourth week of June when FOMC holding their monthly meeting.

To: ComradeBrehznev who wrote (42866)	6/2/1999 2:29:00 PM
From: lee kramer	Respond to of 120523

Comrade B: The selling will stop...when it stops. Try not to anticipate too much. It may get worse if Friday's employment number "confirms" yesterday's NAPM number. Keep an eye on a few stocks you like, perhaps some that've come down 40-60%. If they get slammed Friday on heavy volume...well, you may get a temporary (or even a final) bottom. Stay loose boobeleh, keep your powder dry and when you enter don't risk the dollars that'll keep you awake at night. (Lee)

To: ComradeBrehznev who wrote (42866)	6/2/1999 2:29:00 PM
From: kha vu	Respond to of 120523

Selling: thomsoninvest.net <<<< MSFT -- Applicatn Sftwr -- Technology 02-Jun-99 11:53:25 Mircosoft is trading lower, moving in-line with the broader market sell-off in the technology sector as the threat of rising interest rates continues to weigh on growth stocks. Microsoft's trading data shows that just 17% of all volume has resulted from block transactions which indicates that institutional involvement in today's session is relatively light. This data can be viewed in a positive light as it suggests institutional investors are holding onto their shares even as Microsoft's price comes under considerable pressure. Today's paring is most likely a result of a combination of a lack of buyers and selling pressure from short-term oriented investors, including professional and retail day traders. Microsoft's I-Watch chart shows that a series of bids from institutional brokers have proved ineffective in countering today's selling pressure - these bids lack depth - for example, the 50,000 share bid entered at 11:32 will easily be absorbed by the market and will have little success in curtailing Microsoft's slide lower. Given the current market conditions, a price reversal is most likely to be hastened by a major turnaround in investor sentiment toward tech stocks or by program-driven buying. ERICY -- Comm Equipment -- Technology 02-Jun-99 11:33:40 Shares of Ericsson are trading in a tight range this morning - caught between $27 1/8 and $27 1/2. The firm's I-Watch data shows that this consistent with the confines of the institutional market - Bidders have created a wall of support at $27 1/8 while sellers are offering stock at $27 3/8 - $1/2. Block trading is at solid levels with 38% of all volume coming from transactions of 10,000 shares or more. The reported trade data on AutEx shows strong trading patterns from institutional brokers - a further review of the data revealed that there are several institutional brokers behind these reports, as opposed to a single dominating broker. All of this data combined with a lack of any major corporate or sector news suggests ERICY will continue to be range-bound, consistent with the its trading pattern since mid-May.>>>>>