AI
Tuesday, March 04, 2003 9:02:39 PM
The Marketgems Daily for March 5, 2003
http://www.marketgems.com/March5_2003.htm
Not all that much to cover as the major short sectors have been covered in the editions of February 27, February 28 and March 3. Sectors that broke down included Gold, Oil Services, Sox, Retail, Brokerages and Building. Still see downside in the companies we shorted, but some have been hit so bad, 'dead cat bounces' might be in order.
Focus tomorrow will be
the 15-minute chart for possible intraday rallies like in KLAC
The dead-cat-bounce for early plays
Earnings plays like KSS and HOTT to see if we might get more than the typical gap 'n crap
major support/resistance levels in the SPX S&P Futures and Nasdaq Futures
http://www.marketgems.com/March5_2003.htm
Not all that much to cover as the major short sectors have been covered in the editions of February 27, February 28 and March 3. Sectors that broke down included Gold, Oil Services, Sox, Retail, Brokerages and Building. Still see downside in the companies we shorted, but some have been hit so bad, 'dead cat bounces' might be in order.
Focus tomorrow will be
the 15-minute chart for possible intraday rallies like in KLAC The dead-cat-bounce for early plays Earnings plays like KSS and HOTT to see if we might get more than the typical gap 'n crap major support/resistance levels in the SPX S&P Futures and Nasdaq Futures 
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