Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 693.87

-0.2%

4:00 PM EST

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To: Clint E. who wrote (15805)	5/1/1998 12:01:00 PM
From: j g cordes	Read Replies (2) of 69715

NT short view_ resistance 62 1/8 then 63 7/8, 60 1/4 support under that 59 3/4.. looks to fill gaps on the way up BUT I'm seeing blocks trading in/out can't tell which. Longer view its hanging on a cliff.. if it penetrates 591/2 to downside it'll drop more. The pe is high but so is growth... I'd create an average of NT, LU and some others and run some short term moa's.. seems to be sector mover as much as individual mover.

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