Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 693.87

-0.2%

Jan 13 4:00 PM EST

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To: j g cordes who wrote (15798)	5/1/1998 11:06:00 AM
From: Clint E.	Read Replies (1) of 69730

Jim, NAZ needs to break & close below 1860 to resume its downtrend cycle. Now at 1865. I won't get gloomier unless I see it below 1860. There is still chance of a lower high move by NAZ but shorts should prevail into sucker rallies. Yesterday, Techie had a great call of putting CIEN's top at 48. I shorted at 47. Shorted NT this AM. With window-dressing behind us, the stock is no longer protected and once it breaks 60 for the nth times, it is going to 55 this time. PSFT below 45 now. Clint

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