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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 670.21-1.1%Nov 6 4:00 PM EST

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To: d. alexander who wrote (24680)1/3/2000 4:00:00 PM
From: Johnny Canuck  Read Replies (2) of 67710
 
Dororthy,

Historically a lot of stocks will see their high for the year during this month. It is amazing how a new calendar year brings out all sort of optimism.

I am still a little nervous here. Only a hand full of sectors advanced today lead by I-nets and second tier optical plays, all other sectors were in the red. The overall market momentum is not great.

I am now essentially blind on a few technical indicators I have used in the past for overall market health with the demise of my TC2000 account. I am looking at Quotes-Plus, but it looks like I won't get the software for a few days.

RFMD breaking out of its range on volume.

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