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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.44

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Nov 10 4:00 PM EST

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To: j g cordes who wrote (31040)	3/12/2001 5:42:11 PM
From: dlu	Read Replies (1) of 67845

UDI news announced today... Muskegon, Michigan, March 12 (Bloomberg) -- SPX Corp. agreed to buy United Dominion Industries Ltd. for about $1.76 billion in stock and assumed debt to add its lines of pumps, filters and other engineered products and almost double annual sales. Wishing I'd kept this one a bit longer... ah well The talking heads on CNBC just told me there does not appear to be a lot of short covering occurring. Maybe it's just me, but I'd be somewhat nervous being in a lot of short positions right now. dlu

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