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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.17

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To: j g cordes who wrote (33321)	7/10/2001 1:19:53 PM
From: Clint E.	Read Replies (1) of 69681

Jim, I agree 100% that breaking 2000 is the way to go. The action in many Semi stocks as well as software stocks(that had held up relatively well in the recent weeks) is pointing down. I can tell you that Q2 for us (hardware) is not going to be pretty from what I have heard and Q3 doesn't look good either. Let's see what happens now that we are testing ~2k again. Of course, this could all be a show to get short-covering take place and rally it in the last hour.................I am such a chicken to buy here.

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