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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 681.86-0.7%4:00 PM EST

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To: d. alexander who wrote (24612)12/21/1999 11:57:00 PM
From: drsvelte  Read Replies (3) of 69339
 
Hi Dorothy and Harry (and anyone else here):

I have been away from the markets literally (mostly cash in trading account) and figuratively for about the last week. We are moving to a new home and I no longer have cable modem nor even TV cable at the time. I can check in with my laptop on 56K but it is excrutiatingly slow.

I entertained my staff at a Christmas lunch today when the FOMC decision was annnounced. The restaurant had CNBC on and one could watch the COMPQ continue to strengthen. (One of my staffers mentioned JUNO (?) had doubled today on news and I had to admit I had no clue of JUNO or its business.)

I am a demographics bull on the market 'till about 2007 or so, but the recent parabolic action in the COMPQ has me very skittish. I am being very cautious, perhaps too much so!

Cheers!
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