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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 685.33

+1.1%

4:00 PM EST

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To: shasta23 who wrote (24166)	10/28/1999 12:22:00 PM
From: shasta23	Read Replies (1) of 69921

Nice gap up in the morning in the markies but what's next. I didn't do anything since most of the action i could see happened already pre-open. Since then the market has actually risen further into some resistance zone while a lot of the stocks on my watchlist are around their daily lows(PHCM,ARBA,Specialty semis like GALT,TXCC,PMCS). Doing well are the fibers: LVLT looks interesting as if it could break finally above 67 for could on it's third attempt.QWST, MFNX are also doing ok...the question remains: where do we go from here? Stefan

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