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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: Clint E. who wrote (17404)7/30/1998 12:56:00 PM
From: j g cordes  Read Replies (2) of 68186
 
Just got in.. AOL (in fact the whole market) popped a little more than I expected. When AOL reports it will be interesting to see if it rallies or they sell into... CMGI good trade. Over all I can see a h&s forming into sept time frame on major averages. It will be just right for spooking the TA crowd into a sell situation from which we can rally into later part of year on signs of Asia not getting better, but not going down anymore or as fast. The photo mask, duv, steppers and other semi infrastructure guys should be good candidates to own and p's against.
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