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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 694.04

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To: drsvelte who wrote (28600)	10/2/2000 3:38:19 PM
From: Johnny Canuck	Read Replies (1) of 69606

Analysts trying to support the market: 14:22 ET Worst Over For PCs : Banc of America Securities believes Friday's sell-off could represent the bottom for the PC group. Firm continues to think that overall PC demand is okay, sufficient for well-executing companies to deliver on expectations. Says Compaq (CPQ 28.50 +0.70) and Gateway (GTW 49.29 +1.04) look like the best near-term PC trades.

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