Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 685.33

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To: Logain Ablar who wrote (36229)	2/25/2002 3:25:09 PM
From: Johnny Canuck	Read Replies (1) of 69921

Thanks Tim, It might be worth looking in the old economy DOW stocks as cyclicals should recover first if we are truly emerging or at least perceived to be emerging from the down turn. Intra-day COMPX has rallied into resistance. SOX is just a few points shy of the 547 resistance level. I would expect very few people to take serious positions in advance of Greenspan speaking on Wednesday. The new coming out of Robertson Stephne might move individual stocks though. Case in point BRCD presented this morning and nothing much happened. It appears the outlook has not changed.

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