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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: Suresh who wrote (25145)	2/11/2000 3:08:00 PM
From: Johnny Canuck	Read Replies (1) of 68107

Suresh, Nice call on AMCC and PMCS short. We are getting close to a buy signal on the SP500. We need to break 1390 temporarily to get that signal. If you are using the QQQ's as a hedge against long positions, do you find the move in the QQQ's give you sufficient protect. From experience I find that it does not, if you are invested in the high flyers. Did you listen to the VECO CC. Impressions? I will try to listen tonight.

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