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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 693.87

-0.2%

4:00 PM EST

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To: Clint E. who wrote (17494)	8/5/1998 2:59:00 PM
From: space cadet	Read Replies (2) of 69712

Clint, I don't mind the space cadet label. That's what people called me in college because I visit the planets pretty regularly. However, if you want a name you can call me Mark. Looks like the market is selling off right now, even though it never got up 100 points and never did make much off a comeback. Looks bad bad bad. I've got a lot of money on the sidelines but I can't pull the trigger in this climate. Incidentally, if you feel like it or anybody else for that matter, I would like an answer to my previous question of what could possibly get investors to buy the hi-tech small caps ever again. I know lots of people who have been hurt playing that game (I've got some scars myself). And once burned, twice shy. I wouldn't include the internet crazies in that list, as they have their own momentum and will eventually bounce back I think. But the small caps look dead for the forseeable future IMO.

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