Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.38

+0.4%

Dec 24 4:00 PM EST

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To: Clint E. who wrote (16508)	6/11/1998 4:41:00 PM
From: Jurgen	Read Replies (1) of 69216

Nice sell-off, rally looked strong but failed. But CSCO, LU and ASND closed well above my limit. Looking at the charts i wouldn't be surprised to see the NAZ falling thru 1740 and test the 20's next week. A lot of big Cap Nasdaq stocks still look a little stretched. On the other hand, given a sentiment that sends an AMZN up 8 bucks on a day like this and KTEL +47%... We'll see tomorrow good luck Jurgen

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