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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.100.0%Jan 23 4:00 PM EST

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To: Karim Shariff who wrote (24232)11/1/1999 12:52:00 PM
From: Clint E.  Read Replies (1) of 69974
 
>>>just consolidating right?

I think so, considering it is up ~10 points in less than 3 days..

>>>Some of the Nasdaq stocks have just gone parabolic(example - SEBL, BVSN..) - is this a bad sign or what. what do you think?

Some of these names will pull back by tomorrow and as long as they don't pull the whole nasdaq market down, it is OK. That's when you want to pay more attention to how quality names like AMAT, TXN, CSCO... are behaving.

>>>>have been reading your posts since the Cascade/Ascend

Oh yes. CSCC was a fun stock. It was more predictable(less risky) than some of these hot IPOs. I made a lot of money in cscc but did loose a good chunk toward the end when it went from 40 to 25.
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