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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 692.27

+0.3%

Jan 15 4:00 PM EST

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To: j g cordes who wrote (18704)	12/7/1998 11:43:00 AM
From: Clint E.	Read Replies (3) of 69805

Hi Jim. I have the same feeling so you are not alone. It feels like there is no retail investor left to buy and no more stocks or groups of stocks left to push. Take almost any stock that is up and look at its trading activity for a few minutes. You'll see what I mean. The NAZ folks are new-high-is-coming-any-minute happy right now. DOW wants to go lower, thanks to poor action in the bank and brokerage stocks. I shorted SUNW at 76-3/8, MER at 74-1/4, INTU at 60-1/4, BGEN at 81, and TXN at 85-1/8. Still short AMGN at 78 from last Friday. Clint

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