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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: Logain Ablar who wrote (25710)3/24/2000 2:08:00 AM
From: Johnny Canuck  Read Replies (1) of 68426
 
Thanks Tim,

It looks like the SP500 just established a new trading range. I am looking for some weakness tomorrow. I have an SP500 sell signal being generated into the close. Strong support is at 1490.

The market breadth for the stocks within the groups is not great. I would prefer grater participation in order to confirm the move in the indices.

Ignore the drop in the contract manufacturing group, it is due to a split by SANM.

Thursday, Mar 23 2000 11:29PM ET
To: Harry Lew
From: Harry Lew
Thu Mar 23 11:28pm ET - U.S. Markets Closed.
Dow 11119.86 +253.16 (+2.33%)
Nasdaq 4940.61 +75.86 (+1.56%)
S&P 500 1527.35 +26.71 (+1.78%)

NYSE Volume 1,075,261,000
Nasdaq Volume 1,714,652,000
30-Yr Bond 5.904% -0.064

INTERNET 12 -2.2% Edit Delete Compare
Telecom Equip 21 +0.3% Edit Delete Compare
RETAIL 8 +1.1% Edit Delete Compare
SOFTWARE1 13 +1.1% Edit Delete Compare
DSL 6 +0.3% Edit Delete Compare
DWDM 15 +4.1% Edit Delete Compare
Financials1 7 +5.1% Edit Delete Compare
Carriers1 6 +2.4% Edit Delete Compare
Telecom Construction1 3 +9.2% Edit Delete Compare
networkers1 4 -1.1% Edit Delete Compare
Contract Manufacturers 5 -14.6% Edit Delete Compare
Tier 2, D-WDM 15 +6.4% Edit Delete Compare
Broadband Cable 1 8 +3.4% Edit Delete Compare
Harry's current watchlist 33 +1.5% Edit Delete Compare
DOW 10 +2.8% Edit Delete Compare
XML 15 +0.0% Edit Delete Compare
Internet Security 20 -1.2% Edit Delete Compare
Supercoductors 5 -2.0% Edit Delete Compare
Bull Sector-optical 84 +3.1% Edit Delete Compare
Satellite Stocks1 3 -3.0% Edit Delete Compare
Strong Stocks March 16 Correction 22 +1.2% Edit Delete Compare
Biotechs 9 -6.6% Edit Delete Compare
CHIP EQUIPMENT 13 +1.1% Edit Delete Compare
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