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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Logain Ablar who wrote (27754)	8/25/2000 4:01:27 PM
From: Johnny Canuck	Read Replies (2) of 68379

Tim, Currently no position in GALT. This 25 level has been strong resistance before. They had a good turn around Q last earnings release. The BTB of 0.9 is what is weighing on them. As far as I know gigabit ethernet is still not set to emerge as a compelling story till the last 2 Q's of the year, but that is coming up soon.

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