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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: j g cordes who wrote (36654)	4/3/2002 12:39:58 PM
From: Johnny Canuck	of 68790

SONS bucking the trend today on above average volume and no news. I have a buy signal on the NDX, but no confirming indicator on the SOX. I still expect a bounce at 1780, but the weak counter rally from the morning session is start to put that in doubt. Low on ESST at 18.65 would have been a decent entry for a scalp. Stop loss at 17.25. No position right now.

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