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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 687.86

-0.4%

4:00 PM EST

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To: Johnny Canuck who wrote (24667)	12/31/1999 12:50:00 PM
From: d. alexander	Read Replies (1) of 69296

>>>The price target range was between 25 and 55.. Am wondering to what point in time, or range, a price target applies. Short-term, it looks like it could do a re-test of 13dma. In which case, if it's just edging into "target" range, might be a good entry. But, what do I know! Especially as I don't know how to set targets based on fundamentals. Am mired in fib retracements & MyPoints & it looks like I bought too soon. But you get into those starting point conundra & can't post to Mr. Fibonacci. >>>looks like it is/will be a heck of a party. I don't have tv, but hope to walk over & take a look this afternoon <g> That may not be possible. So near & yet so far...However the traffic choppers are hard at work overhead, to judge by the noise. Happy New Year to you too, Harry, and to the many fine contributors to the thread. Dorothy

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