Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.76

-1.1%

Dec 12 4:00 PM EST

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To: The Ox who wrote (32789)	6/14/2001 2:20:12 PM
From: Return to Sender	Read Replies (1) of 69048

Thanks Michael it is getting really ugly looking today. The SOX is in danger of falling below 600 today. That is well ahead of my projections. I'm getting my cash in position to initiate some positions but you are surely right about the warnings. There is no fundamental reason to buy here unless you are expecting a recovery. The technical bounce that should come is not fundamentally supported by anything other than future expectations. RtS

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