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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.17

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4:00 PM EST

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To: Return to Sender who wrote (32871)	6/18/2001 9:45:55 PM
From: Johnny Canuck	Read Replies (3) of 69691

Technically, this about sums it up for me: "So what do we do? This is another one of those damned if you do and damned if you don't oversold situations. If you try to get short now, the market will bounce. If you try to buy, this oversold market will become more oversold. " hardrightedge.com For the next week, I will look to short any weak rallies. Cover target would be a break of 2080 area on COMPX. This commentary adds a bit more color. hardrightedge.com

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