Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: Clint E. who wrote (18386)	11/17/1998 11:55:00 AM
From: Tiley	Read Replies (1) of 68087

Hi Clint, The strong stocks still seem strong. However, I'm not convinced that the upside is not built in. We might get a pop if we get a cut but I somehow doubt if it will last. I still think we need to base. I'm not yet covering my shorts nor am I selling any of my longs. I'll decide the future action after seeing the market's reaction to AMAT's earnings and of course the reaction to the Fed action (at the close of day), Later, - MJ

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