Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.88

-0.3%

Jan 30 4:00 PM EST

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To: Johnny Canuck who wrote (32432)	5/23/2001 10:54:52 AM
From: Return to Sender	Read Replies (1) of 70309

Harry the SOX has been running higher and lower in advance of the moves on the Nasdaq. Yesterday I noted the SOX had topped out short term and today of course the profit taking begins on the Nasdaq. I guess that BTB number of .41 does indicate a bottom in orders. Profits are going to be terrible in high tech this quarter year over year. Still I believe we are in a new Bull Market and I will be buying the dips. I look forward to those ugly confessions because they mean opportunity. RtS

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