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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: Michael Rich who wrote (22886)8/18/1999 11:50:00 AM
From: Clint E.  Read Replies (1) of 69121
 
Hi Michael. I really don't see much upside to this market. It reminds me of the market we had in July as the NAZ struggled to move from ~2725 to 2875, with high intraday volatility that would most often end up closing higher.

Some sort of double-top in the dow(~11300) and perhaps a trip to 2775 in the nasdaq could be in the cards. We'll know by next week.

I'll watch for now until the time to short arrives.

Clint
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