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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 671.91

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Nov 14 4:00 PM EST

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To: Return to Sender who wrote (34435)	9/24/2001 2:15:14 PM
From: Johnny Canuck	Read Replies (1) of 68005

COMPX and SOX are signals now flat. Technicals are indicating that one should exit short term trading positions. The technicals are distorted those after last weeks sell off. From a practical perspective there is no hurry to do much. If the market has returned to normal we will rally for 3 days. If not then no one knows what direction the indices will go. If this is the low it will be re-tested again in a few weeks.

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