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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: mattie who wrote (18036)	10/14/1998 11:42:00 AM
From: Clint E.	Read Replies (2) of 69663

Hi Mattie. No opinion on AOL, except a negative bias that I have. I haven't kept up with earnings calendar. When does it report? VTSS looks good, running up from oversold levels in expectation of good earnings. I think ~26 is its 200 dma. Is that what you have? I've been reading a few posts on SI since last week. Harry's article sums it up accurately: ==================== "The only thing you can explain, because it's entirely predictable, is that on the way up, analysts cited every reason under the sun to justify the higher price for Nortel. And now they're citing the damnedest reasons, like the analysts' conference, as excuses for dumping on the stock. They should just come out with it, and say they made mistakes in recommending it at such high prices in the first place." ==================== Looks like we caught another "soft" bottom in NAZ. I took profit in intc, msft, and yhoo. I may day-trade something today. I'll be out of VTSS today or tomorrow. My only short in the last two weeks was BEAS but I'll be shorting stocks more often from now on. Clint

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