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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (35421)5/9/2000 8:52:00 PM
From: hman  Read Replies (1) of 79230
 
DougR,

Today's results seem to be mixed. The NAS dropped below support but climbed back into the support range at end of day. RFMD went down to 85 before recovering. At one point in late in the session, I thought we were going to recover but the NAS had other things in mind. Does RFMD closing at 87.5 mean that we are out of the long picture and stalking shorts. (BTW, in afterhour trading, RFMD closed at 89, possibly due to a good quarterly report by CSCO).

Thanks for your insight in advance.

David
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