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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 687.85

-0.4%

Dec 29 4:00 PM EST

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To: Steve Yuan who wrote (18655)	12/3/1998 6:57:00 PM
From: HiSpeed	of 69307

Did BA start the lovely "preannouncement season" this week? Tonight, gobs of negative news on TV - JNJ, steel, layoffs, Japan stinking again, Brazil, et al. If the market continues down, TAs will look at the charts saying "Double top"; wasn't that obvious. I really can't say either way except most of my positions this week have been shorts.

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