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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: Johnny Canuck who wrote (21471)	6/9/1999 4:28:00 PM
From: j g cordes	Read Replies (2) of 67962

thanks Harry, have been looking at that also.. my feeling is that it will break through, three month target 8. I haven't sold yet since its getting attention now in a wider circle, it'll probably run to 6 1/4-3/8 then test its support at 5 3/4-6 before moving up. If it gets a few upgrades this will all take place very quickly. IDTC turned at 18, now over 20, might dip back to test 20 but should be ok Did you check out INTC's earnings & pr schedule? I was going to play it long but won't commit without your invaluable details. Surprized it didn't move a little more today, probably memories of last June hanging over.. once we get past this interest rate scare things should start to cruise back to 61

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