To: Jack Hartmann who wrote (598 ) 8/17/2000 11:21:33 PM From: Jack Hartmann Read Replies (3) | Respond to of 6953 Portfolio up 0.74%, Dow up 0.43%, Nasdaq up 2.06%, S&P500 up 1.10%, Gilder up 2.0%, Meisler up 2.0%, J-Blimps up 3.7%, Fuel cells/Alt energy up 2.4% NYSE Volume: 860 mln...Adv: 1552...Dec: 1264 Nasdaq Volume: 1.35 bln...Adv: 2108...Dec: 1850 Put/call ratio 0.59 (range 0.51 to 0.60) Sector Watch NYSE Comp. ($NYA) 671.19 +4.94 +0.74% Nearly at old high set earlier on Monday. Nasdaq Comp. ($COMPQ) 3940.87 +79.67 +2.06% Set right between 200/50 EMA stack. Truly odd. Energy (XLE) 32.75 +0.75 +2.34% Setting a two year high today. ENE led sector up with 7% gain. Crude and natural gas very high again. XOM RD CHV SLB TX ENE HAL WMB COC.B CGP P EPG RIG BHI UCL BR UPR APC MRO OXY APA KMG AHC CG TOS RDC SUN ASH MDR make up the weighted index amex.com Biotechs ($BTK) 672.93 +20.54 +3.15% Although INCY not in the sector it jumped 20% on licensing deal with MOT. IMNX led sector up with 10% gain UBS Warburg reiterates coverage of IMNX at Strong Buy, price target $51 AMGN BGEN CRA CEPH CHIR CORR GENZ GILD HGSI IDPH IMNX MEDI MLNM ORG PDLI VRTX are the index. Disk Drives ($DDX) 86.21 +3.08 +3.71%. RDRT up 20% on speculation of a 20Gbt hard drive announcement. This company has lost money each of the last four quarters. HMTT HTCT IOM KMAG DSS HDD RDRT SEG STK WDC are the index Gold ($XAU) 52.90 -1.57 -2.88% every company red. This resistance toward 60 is tough. December gold rose 30 cents to $282.60 an ounce AU ABX AEM MDG FCX HM PD NEM PDG are the companies in the index Hardware ($HWI) 430.17 +13.38 +3.21%. SGI led the group high with 9% gain on no news. Still above 50 day EMA for the sector. AAPL CPQ DELL GTW HWP IBM MUEI SGI SUNW are the companies in the index DOT ($DOT) 766.20 +20.37 +2.73% TSCM internet index went along with the rest of the techs Natural Gas ($XNG) 216.88 +6.24 +2.96%. No solution to natural gas shortage. I really don’t like the 50% higher gas forecast. Network ($NWX) 1325.09 +40.33 +3.14% CIEN carries this group up 10% on great earning yesterday. Still above 50 day EMA but 20% off highs. ADPT ADCT ADTN ALA CS CIEN CSCO CMVT ECIL LU NN NT PAIR TLAB COMS are the index Oil ($XOI) 528.10 +10.94 +2.12% Crude at $32. Every company was green today. AHC BP CHV COC.B XOM KMG OXY P REP RD SUN TX TOT UCL MRO are this index. Broker Dealers ($XBD) 624.30 +23.38 +3.89% DLJ and EGRP led sector high with 8% gains. No news of importance other than FED speculation will help this group. Volume pick up in August is helping too. AGE SCH DLJ EGRP GS LM MER MWD PWJ RJF Semis ($SOX) 1111.06 +37.76 +3.52%. LLTC up 8% to lead group. Broke above key 50 day EMA. Sector was punished so running up again. Next 10% will be tough. ALTR AMAT AMD INTC KLAC LLTC LSCC LSI MOT MU NSM NVLS RMBS TER TXN XLNX are the SOX. Portfolio watch. Nothing above 4% either way. Most ran with their various sector. This ASYS ran up to $16 before profit taking occurred. Quadrupled in a day. No share available to short that I could find. Added MCDT as a short term trade. If around by Friday, then will be added to the portfolio. Despite the Nasdaq cheerleading, the 50 day EMA will not cross the 200 day EMA. Very tough resistance. I have some cash waiting for a dip in some good tech stocks like CIEN, CREE, NTAP, ADI. Just isn’t happening. Consolidation is that the portfolio keeps adding small gains over the last two weeks. Jack