Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Clint E. who wrote (15651)	4/22/1998 6:36:00 PM
From: Tom Trader	Read Replies (1) of 68364

Hi Clint -- long time since we last chatted -- though I have been following your postings on this thread Very gutsy bunch of shorts -- good luck with them How much are you looking to make on these shorts -- in other words, are these scalps or are you looking for rather more sizable pull-backs? Good call on the NAZ reaching 1900; what is your price target for the SPX? Also Clint, do you use cycles in helping you establish market direction? For what it is worth my sense is that any pull-back will limited and we'll resume another up-leg before we see any significant correction. I think that it will take some external event to bring about this correction--interest rates, currency problems, Asia/Japan, impeachment hearings, whatever. Regards

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