Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.04

-0.1%

Dec 9 4:00 PM EST

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To: Johnny Canuck who wrote (25822)	3/29/2000 6:28:00 PM
From: Johnny Canuck	Read Replies (2) of 68892

Huge volume spike in the last hour indicates a get out of Dodge at all cost mentality. I expect a down open tomorrow, possibility of a gap open. A gap would be preferably as it would indicate a possible short term climax to the selling. We would then back and fill till some direction is established later in the day. We should range trade the next two weeks with a downward bias with traders selling into strength till the economic numbers are out of the way. siliconinvestor.com The damage was actually limited on stocks representing more reserved valuations such as ADCT, ADTN, and AFCI.

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