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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 677.56

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To: Clint E. who wrote (22872)	8/17/1999 5:50:00 PM
From: xcr600	Read Replies (1) of 69891

Missed getting in RTHM today. Also looked at BRCD when in 90's. Coulda shoulda woulda!! Do you see the majority of techs trading in ranges but not surpassing their old most recent lows? I don't see a reason for the market to head to new highs, especially at this time of year. But I don't see a reason to set new lows. Inflation worries look to be in check, but who knows what can happen overseas or with y2k(a joke event.) btw, offshore accounts can short anything since they are allowed to short naked. It's a very common and popular way for a debt issuer to hedge his financing of a risky company. x

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