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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.66

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Jan 16 4:00 PM EST

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To: Clint E. who wrote (17823)	9/29/1998 2:31:00 AM
From: space cadet	Read Replies (2) of 69866

Clint, I don't know if you care but Jerry Favors is now saying it is a matter of days till the market corrects/crashes (he is vague on how low it might go-his eliot wave analysis tells him it could go as low as into the mid-high 6000's before rebounding). So we will know pretty soon whether or not Favors deserves all this fame he has suddenly achieved. I get both his monthly newsletter as well as his daily fax/email. In his monthly newsletter he sounds really bearish. I think the internet stocks are ridiculously overpriced so they are at the top of my shorting candidate list. I think amzn elnk mspg and maybe brcm are all good candidates for collapse. Any others you like for putting/shorting. Also if the collapse does come I won't miss out this time on getting into msft csco emc dell. Any others I should be watching for besides those gorillas? Another interesting stock you might not know about is ccrd. It's definitely a new favorite of the smart money crowd. It reminds me of Cascade Communications in its early days. Check it out, even though right now it's at a new all time high.

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