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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST
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To: Clint E. who wrote (16083)5/18/1998 9:43:00 PM
From: giddy guru  Read Replies (1) of 67982
 
//gg//

Clint,

Thanks for sharing your reasoning. I wonder whether the FOMC's decision and DELL's positive earnings have been already factored in? Market may stage a relief rally but doubt whether it is sustainable? We have to wait and see. But your longs are excellent. They can move independent of the market direction - like AOL and BMCS

Drug sector seems to be the safe trading bet for the next couple of days. Take a look at AMGN.

Thanks and will chat tomorrow.

/gg/
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