Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.66

-0.1%

Jan 16 4:00 PM EST

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To: Clint E. who wrote (17384)	7/29/1998 4:23:00 PM
From: Tiley	Read Replies (1) of 69877

Clint, Re"LVLT": As I recall, they have good properties for fiber buildout - but why would it do like QLGC without spectacular earnings or buyout or some such event to trigger it - I thought your short was very well timed. Looks like INTC went back below 85 - potentially false breakout like you'd suggested earlier. It should test it again next time that the market rallies - success or failure of going through it would determine the direction of SOX for the next month or two. LU next support around 85 - should test breakout around 78 in the next month. Fundamentally, you have a much better grip on this stock than most other folks, Later, - MJ PS: So were you good to someone lately (allowing you to escape SAVLY)?

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