Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 689.17

+0.2%

Dec 11 4:00 PM EST

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To: Suresh who wrote (25318)	2/24/2000 12:41:00 AM
From: Johnny Canuck	of 68978

Hi Suresh, The EPC is indicating an oversold market. It looks like we rally from here. One of the cycle analysts (or is that psycho-analysts) called for a short term bottom on Feb, 24 (tomorrow). Let's see if we rally from here. The market tone improved today. Interest in CSCO on no news may indicate market participant may be ready to rumble again (going with the market leaders). I noticed JDSU was up today too. QCOM looking ready to go again. optionsource.com WSJ reporting QCOM management accumulating share again also. PUMA looking to move higher. Briefing.com expressing the same option from last week. optionsource.com

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