Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: j g cordes who wrote (15750)	4/29/1998 1:38:00 PM
From: Clint E.	Read Replies (2) of 69821

Jim, I really think we have a heck of a shorting opportunity ahead. There is nothing that excites this market right now and the sheer lack of participation(low vol) will drive it down. Markets go where the volume is. Waiting for that moment... DOW is weak again. That 9k figure poses lots of psych resistance. Let's see if they are going to rally it in the afternoon. Looks like Volpe recommended my BMCS. I am going to dump my shrs/calls now. Clint

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