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Re: jra2 post# 237828

Thursday, 04/29/2004 10:45:54 PM

Thursday, April 29, 2004 10:45:54 PM

Post# of 704041
Na, a lot of stocks are still "obeying", COO, TBL, POOL, BIIB (but the gap under $50 scares me a little...), TEVA, NOVN (same problem with gap under $20, tomorrow is the "high noon day" will earnings cause filling the gap, or for now keep it as a "breakway gap"), QCOM, QLTI, LSCP, LCAV and even BRCM, to name just a few...Of course, even if we get the spring rally, it will involve a narrowing portion of the participants, and more and more stocks will become broken, so at this stage, unless you play "daily games" of volatility, like the Q, stay out of the broken stocks, they more likely than not will become "more broken".....

AZH

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