reading here about new highs and running of the crap, brought these daily messages (from briefing.com) to mind. from today:
AVNX Avanex -- Volume Breakout (1.00 +0.14) DCLK DoubleClick makes run at 52-wk high (9.10 +0.51) Volume Alert: VerticalNet rises 30% on 8x avg volume (1.45 +0.34) GlobeSpan Virata breaks out to new 52-wk high (6.53 +0.35) Juniper Networks rallies to new 52-wk high (10.89 +0.69)
and my own favorites: akam is up to 2.50, and swks was up 10% today ...
As I said many times before, whether it is or not the real McCoy we will find out on the retrench. I also said I have not turned bull yet, even though, I may increase exposure to the 50% or so on a retrench. Mind you, I am still at 70% cash here.