Technical analysis for shorts & longs Message Board

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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: mattie who wrote (18323)	11/6/1998 12:00:00 PM
From: Clint E.	Read Replies (1) of 68173

Mattie, I covered my two shorts with 1-1/2 profit. I don't feel comfortable holding those shorts near their 52-wk highs. We could shoot higher in the afternoon. I don't see any pressure on stocks for now. We could be up for today and Monday with the NAZ reaching 1870-1880. The NAZ has the upper hand for now. I'll stay out until we get some good shaking. For now, there is no news to trade on and the only reason we are not much higher is beacause the DOW is close to that magic 9000 mark. ELNK +5. Wish I has listened to myself on this one! Clint

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