Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Clint E. who wrote (22166)	7/20/1999 7:53:00 AM
From: Clint E.	Read Replies (3) of 69811

the s&p & nasdaq futures are down but could firm up before the open. nevertheless, caution is advised. tech stocks, our market leaders, are starting to misbehave. yesterday's ahead-of-msft/ibm profit-taking came too easy, easier than ahead of intc/mot & yhoo. we probably won't see a big drop in individual issues. just a series of small drop in various stocks, in a broad profit-taking fashion. keep an eye on the sox & telecom stocks, in reaction to ti and lu. the dow looks better than the nazdaq.

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