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Strategies & Market Trends : The Player's Club
SPY 683.04-0.1%Dec 9 4:00 PM EST

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To: Bull RidaH who wrote (8479)4/24/2000 4:09:00 PM
From: Arik T.G.  Read Replies (1) of 11513
 
Thanks, BRH.
Yes, I was watching that very neat 5er. Also 1405-1407 is a medium weight support on the cash.

I'm looking ST at least for a C for last week's A up.
Also Naz is way oversold, and MSFT was great excuse to dump it one last time.

Longer term I think with the main engine burnt (Naz mo-mos), the secular bull is already dead. The proof is in the pudding, and the pudding is taking out March low on the S&P.
GE completing the 5er up. The queen is almost dead.

Good trading
ATG
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