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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: mattie who wrote (35437)	12/6/2001 12:45:36 PM
From: Johnny Canuck	Read Replies (2) of 69146

mattie, It looks a little overbought on the daily chart. I am also no sure the announcement of the digital camera technology for PDA's is going to be a killer App. Similar technology has been around for a while and it has not really caught on. I think Hitachi has made a unit for about two years for the Windows CE handhelds. On the plus side it has 56 mil in cash and a burn rate of 5 mil per Q.

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