Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.66

-0.1%

Jan 16 4:00 PM EST

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To: Iris Shih who wrote (21851)	7/5/1999 1:03:00 PM
From: Clint E.	Read Replies (1) of 69862

Iris; Negative article in Barrons(#reply-10379118) on ETYS. In general, I agree with those who are negative on long-term prospects of E*Tailing stocks like ETYS, AMZN, IVIL,.... Short-term support @ 40.5 to 41. I don't think it would fall below 40 on Tuesday. However, the real question is whether it has the upside potential of breaking 46. Hard to believe it could on its own without any positive news. Always best to stay objective & therefore (in this case) look somewhere else. FYI, I am planning to clear out of my positions on Tues. Clint

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