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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: fedhead who wrote (15969)	5/12/1998 11:17:00 PM
From: Clint E.	Read Replies (1) of 68216

Anindo, count me in as an AMAT shorter tomorrow AM on any pop. This is the kind of stock that is safe to short. The only problem is that it moves too slowly but 35 should be doable. I am already thinking of profit-taking into any opening gap. Is there something wrong with me or have others lost confidence in these fake short-term pops due to XXX--->bonds-->YYY--->futures buying-->ZZZ---->short-covering---->?? I may add to my NT short since I got caught at 63-7/8. Clint

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