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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.36

-0.5%

Jan 14 4:00 PM EST

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To: Jurgen who wrote (17905)	10/8/1998 8:42:00 AM
From: Clint E.	Read Replies (1) of 69762

Jurgen; If you can take the volatility, think of your first buy into CSCO as your initial entry, and average down in the days ahead you have a good chance of coming ahead in the long run. I am sure when you picked ASND at 23 you didn't expect to have hit the absolute bottom. If they shoot the net stocks down today(which I think they will), that's another good indication that a bottom is in sight. My only concern is how any new weakness in the DOW would affect the NAZ market. Clint

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