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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 652.56

-1.5%

4:00 PM EST

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To: shasta23 who wrote (23713)	9/16/1999 1:14:00 PM
From: Clint E.	Read Replies (1) of 68155

HI STEFAN. Sorry, I was going to answer you right after Mattie but somebody walked in on me! Software stocks seem to be the new leaders. Stocks like MERQ, CTXS, BMCS, ADBE, LGTO... are scooped up on every weakness. Don't get too bearish. There are too many of those around already. People who think of correction have nothing to back it up but what happened in Oct. of 97 & 98. The market doesn't respond to good news but doesn't fall hard on bad news(hardly any around) either. It is range-bound up here. I call it "toppy range-bound". Clint

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