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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 687.01

-0.1%

Dec 30 4:00 PM EST

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To: Johnny Canuck who wrote (40186)	9/3/2003 2:46:26 AM
From: Johnny Canuck	Read Replies (1) of 69326

Quick note, as per yahoo.com, a lot of composite stock are are or have exceeded concensus estimates for the year. They need quite a bit of margin expansion to justify further price increases. Keep in mind momentum will keep them moving for a while yet if the composite gets a follow through confirmation day. Remember to play what the market gives you and don't anticipate.

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