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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: August who wrote (15090)	3/9/1998 2:53:00 AM
From: August	Read Replies (1) of 68077

I'm out of there. Friday's 125 point surge is insanity in the backdrop of Intel/Motorola warnings. Have been liquidating my portfolio since 2 wks ago. For proof of mindless & speculative investment in this market, look no further than Friday's action. I'll leave any and all further upside to Cramer who appears to interpret recent activity as great strength in the market and that Intel doesn't matter any more, instead of speculation and insanity.

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