Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: Logain Ablar who wrote (38741)	1/7/2003 1:25:06 AM
From: Johnny Canuck	Read Replies (2) of 69663

Noticed Zeev issued a run for hills warnings. I am not sure what that means. I expect a short term pullback, but the momentum indicates we have more to go after that. After the bulk of earnings are out of the way, tax saving contributions can keep the market up into March. I expect some pullbacks along the way, but unless earnings really stink and given lowered expectations I don't expect that, the market could run a little more. As I noted in my closing notes a topping indicator is a reading between 17 and 12 on T2113.

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