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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 668.73

+1.5%

Nov 24 4:00 PM EST

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To: Johnny Canuck who wrote (27420)	7/24/2000 5:07:56 AM
From: Clint E.	Read Replies (3) of 68276

Harry. I read it. It might get discounted short-term due to strong demand in the telecom sector. We're expecting to grow at 30% CAGR this year. Still doesn't justify some of these prices. BTW, how's the demand in the cellular market? If inventory is under control, it should pick up by Q3 and peak in Q4. I just saw DCTM. I came so close to shorting this around 90 last week. Same as MACR but I chickened out. It is OK. If we plunge, there is plenty of shorts out there. Clint

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