21. By contrast, Internet stocks, which have been under selling pressure over the last few weeks, did much better Tuesday. 22. Casino companies were hit by strong selling pressure after two analysts issued cautionary reports. 23. Computer stocks, which have been under selling pressure for months, continued to rebound, as did smaller-capitalized stocks. 24. Evidently, all the selling pressure came from others. 25. For a day at least, that belief was reflected in the stock prices of major oil companies, many of which came under selling pressure Wednesday. 26. For stocks that have recently underperformed the market, a reverse bandwagon is often at work as more and more investors succumb to selling pressure. 27. Further selling pressure in Nasdaq stocks likely came from executives of newly-public companies eager to nail down some of their gains before they evaporate altogether. 28. Friday, the selling pressure came shortly after the opening bell. 29. He sells stocks based on indicators like selling pressure, or changes in fundamentals, like deteriorating earnings. 30. However, traders said it is probably still too early to weigh the local buying against selling pressure from foreign investors. |
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