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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: j g cordes who wrote (24384)11/16/1999 8:23:00 AM
From: Johnny Canuck  Read Replies (1) of 69835
 
Good Morning Jim,

So where have you been hiding stranger???<g> It is good to see you
posting again.

Everyone seems to be pretty busy fighting fires on other fronts these days. Even I am trying to finish off a project so I am only posting sporadically.

I will try to get some feedback for you on PWAV. The last time I checked I was told that the adoption of multi-ampilifer chipsets were slow due to the pressure to contain cost during the start up phase. The spots in chasis were there for the cards but were being populated with single ampilifer chipset. If capacity is being constrained then the number of channels required per slot will increase so the greater density boards will be required.

On the chart that you posted, my broker was commenting on the lack of breadth too. While the DOW is vunerable, I can't help feeling the rally in the Russell 2000 is indicating that the participation is not as narrow as indicated on the surface for the overall market.

Harry
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