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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 677.56-2.0%4:00 PM EST

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To: xcr600 who wrote (21989)7/11/1999 4:39:00 PM
From: Clint E.  Read Replies (1) of 69887
 
>>>I find it itersting this time around with the Naz's record highs that the nets are well off their 52week highs.

Those stocks have stabilized for now, thanks to YHOO delivering 3c above estimate instead of 1c.

>>>Healthier market or has the daytrading (gambling??) capital just rotated into other sectors?

Both. I find myself tracking more stocks every week.

>>>Curious when you see the next sell off? After MSFT reports (I have 7/19).

Selloff(at the top) or profit taking? I expect a 100-point profit taking in the NAZ between this coming Tues. morning and the following Monday.

Clint
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