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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 692.27

+0.3%

4:00 PM EST

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To: fedhead who wrote (17864)	10/3/1998 8:13:00 PM
From: Clint E.	Read Replies (1) of 69791

Hi Anindo; >>...on YHOO. Did you sell today... No, I didn't. Didn't have a reason to sell. On Friday morning, markets were taken down to the lows that I had mentioned before(1570-1580=NAZ & 7500=DOW) and bounced back while YHOO's only problem was that it was struggling with 118. One the way down I expected 118-120 then 112-114. One hard down day for YHOO on Thurs. also meant a few up day ahead. I'll sell on Tues. afternoon. Should be up to ~140 by then. INKT & AOL? Nothing worth mentioning. Market should be strong early next week so they will go up in sympathy with YHOO and the rest. Clint

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