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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 652.53

-1.5%

Nov 20 4:00 PM EST

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To: Johnny Canuck who wrote (17611)	8/14/1998 2:12:00 PM
From: j g cordes	Read Replies (1) of 68168

Thanks Harry, their stock price has been relentlessly falling and it was confusing to me when their business didn't seem to support that. As they are a buildout component supplier this makes sense. If NT gets Telebras then one would expect a sympathetic response. EVI is getting squashed more than necessary in my opinion, but its falling knife acrobatics to trade it. FEET is doing well for a pop trade so far. I was in SOC sold it for a quarter point loss then bought it back a point lower and its rebounded two... enough to make one dizzzzzy. Looks like Monday the soaps will be upstaged. Jim

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