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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.36

-0.5%

Jan 14 4:00 PM EST

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To: Clint E. who wrote (23020)	8/21/1999 1:48:00 PM
From: d. alexander	Read Replies (1) of 69762

>>>A few stocks to own in case of extended rally next week: Thank you - lookin' good, higher low on the Naz. I was in DCLK for a couple of hours yesterday afternoon. Around 3.20 it looked like it was going under my entry @ 87 1/4. I gritted my teeth & sold. Next 1 min. bar down - whew. Then WHAM, it's 89 & climbing. Have been looking at the 5 min intraday & wondering what might have warned. Maybe that it was low in the stoch range (but not under 20), or had just penetrated the lower Bollinger & was pulling away...Probably just need your superb instincts. You know the one about someone asks Giacometti - how long did it take you to do that drawing. He replies; a lifetime. d.

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