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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.66

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Jan 16 4:00 PM EST

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To: j g cordes who wrote (21934)	7/8/1999 1:46:00 AM
From: Johnny Canuck	Read Replies (1) of 69862

Jim, >>Who said Harry and I don't think you're nuts? Harry, >>want to let Clint off easy? Hey,we all know Clint is a trading machine and the biggest Innnnttteerrr - NUT here. What's the old chocolate bar commercial. Some time you feel like a snack, some time you feel like a nut. ****************************************** Echoing Edelstone's sentiments was Merrill Lynch analyst Joe Osha who also expects the June quarter to be "upbeat" for chip makers. Osha believes demand for communications equipment is driving the semiconductor industry. Shares of Intel (INTC) still basked in the glow of previous upgrades, as its shares moved forward 1/2 to 64 3/8. Despite the encouraging remarks, shares of many chip-related players closed lower. Applied Materials (AMAT) shares fell 4 to 70 1/2; Novellus (NVLS) stock lost 2 7/16 to 69 3/16; and KLA-Tencor (KLA) dropped 3 13/16 to 64 1/2. cbs.marketwatch.com

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