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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 671.91

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Nov 14 4:00 PM EST

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To: giddy guru who wrote (16082)	5/18/1998 5:14:00 PM
From: Clint E.	Read Replies (3) of 67983

>>>Surprised at your bullishness. Market is sick. A/D decline And I am surprised at you throwing A/D # at me. You know I don't follow CNBC-made yard sticks or anything else that SI follows. In the past, they have told you "where we were/are" and I have told you "where we are going". You have to trust me. I think I deserve that, as I have outlined every NAZ move in the last couple of months on this space. I am hinging my bullishness on two simple conditions: 1. No rate hike tomorrow. 2. DELL reporting superb earnings tomorrow. If those conditions are met, we will have a rally in NAZ that will burst thru 1870 resistance this week. I don't expect a step-response move, but I peg 1825 as the low for this month with new highs in NAZ ahead. I'll be more assured after watching the tape tomorrow. >>What do you think of WCOM - Slow mover? Yes, Don't follow it. Clint

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