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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.92

-0.7%

Dec 31 4:00 PM EST

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To: Johnny Canuck who wrote (24587)	12/18/1999 7:25:00 PM
From: d. alexander	Read Replies (1) of 69349

>>>To be fair it is a reasonable facsimile, but it isn't quite like home. Agreed, but there is something lifeless about it - like, well, a facsimile. Will check the chart of SPLI. Low float, Optical Networking & nobody wants to sell? Sounds good. I still have a hard time with big spreads, if anyone can suggest a way to get over it. Also low volume. I am in IWIN, a MYPT wannabe which is doing ok, but overextended. Am ready to flee. I sold CLRS the day before it went up 11 points. Brilliant. Now it's below where I sold. All in the space of a little over a week! Am eyeing it cautiously. It took out 2 previous tops & several moving averages at quite a clip; now at a level of previous congestion, but may zip thru that too. I thought it might pull back to around 55, & it closed Friday at 43. You know, I have no memory of a transit strike. I remember the big blackout which trapped me 60 blocks from home. I walked. It was fun. There was also the big snow when the city was closed to automobile traffic. Lovely. Sooo quiet. Am doing my cards too, instead of charts! Dorothy

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