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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.70

-0.3%

Dec 8 4:00 PM EST

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To: Clint E. who wrote (16330)	6/4/1998 9:11:00 AM
From: j g cordes	Read Replies (1) of 68802

Clint, your post had me laughing out loud. I confess, to hanging out, enjoying a thread and losing my wits! One goes to a party and wakes up with their wallet lighter and a hangover weighing on the day ahead. On to the business at hand... CCI raised its lending rate a 1/4 point in England reflecting the rise in short term rates. With the slippage we have in our markets from profit worries, any suggestion of a hike or money tightening here would drop stocks quickly to 200 day moa for SP average, 1000 area support. 35/65 chance of. Other small item, contrary to the blissful run autos GM F and C are having is that Nissan this morning cut its production. Dram makers in SKorea and Taiwan are trying to cut production.

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