Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 679.68

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Nov 26 4:00 PM EST

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To: d. alexander who wrote (24807)	1/18/2000 2:21:00 PM
From: Johnny Canuck	Read Replies (3) of 68358

Hi Dorothy, The volume on the DOW appears to be very light despite the value of the drop. It seems the market is pricing in a 1/2 percentage point raise looking at the bond market trading. Wow, NEWP is going to the moon today. Same with MRVC. Rotation happening here. Money leaving the semi equipment stocks and rotating into broadband and wireless chips due to earning(CNXT, BRCM, RFMD) and D-WDM. Software is finally starting to show some life too.

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