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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 676.47

+0.8%

Dec 18 4:00 PM EST

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To: Clint E. who wrote (22584)	8/5/1999 1:06:00 PM
From: shasta23	Read Replies (1) of 69107

Hi CLINT! So bottom near? I guess a lot of puking this morning but the reversal felt too sharp for me and i'm now totally flat. Sold Dell at a small loss and tqnt for a small gain. Wash day so far. Think we haven't seen the bottom yet or at least some sort of test of the bottom. Would be just too easy and i can't believe that they wouldn't want to make it hard for the majority. Otherwise it would just reemphasize the dipster mentality. If we see a second test and it holds then i would buy. Right now i stand aside. Like you said: if this bottom holds for a couple of weeks then there will be plenty of possibility to get on board. strong rebounds in CMTN,EXDS,EBAY,DCLK... weak reaction in DELL(now facing some resistance at 39),INTC,LGTO VRIO looks interesting too. Right smack on the 100DMA again after an enormous hammer. But i will wait until dust settles... Stefan

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