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Technology Stocks : PBTCX: The Premier Telecom Fund

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To: SkyDart who wrote (1)5/20/2000 1:13:00 AM
From: SkyDart  Read Replies (1) of 10
 
FUND UPDATE 5.19.00

PBTCX 58.06 -4.31 [-7.2%]

ACTION: Added 20% to position today.

EXPECTATION:

NAZ may test 3200 lows next week and if these break, then 2900 looks like next support.

Many Telecoms at support between 200 ande 300 day moving averages.

We are near the bottom IMO given the decreasing volume and force of the downswings and the numerous bullish divergences emerging.

Favorite Picks:

BRCD at 106

EXDS at 71

ALGX at 53

DART
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