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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.00

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Nov 21 4:00 PM EST

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To: Clint E. who wrote (15362)	3/20/1998 4:40:00 PM
From: Suresh	Read Replies (1) of 68201

Hi Clint, I hate these analysts.... this is the second time it is happening to me. This happened to my SUNW short recently... they wiped out 50% of my profit in one fine sweep. I covered ALTR short towards the close today but I am eager to see how it performs again and might short it again. Oh... ALTR has followed it's positive volume index really well in the past. So, if it is any indication it has more downside risk. I am very uneasy taking long positions on semi's with the cloud hanging over their head. If the street sentiment ever turns against them I am sure they will be making 52 week low's soon. I love LLTC fundamental. I am just waiting to take an investment position in it soon. Thanks for the tip. Only companies I am going long these day's are software/pharma.. sector. Check out the action in FORSF (thinly traded) but very interesting action. >(I was short NVLS/XLNX ahead of MU but covered > too early...story of my life!!!) It sounds very similar to my story :) Regards, Suresh

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