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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 684.83

+0.6%

Dec 22 4:00 PM EST

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To: Clint E. who wrote (18759)	12/9/1998 4:14:00 PM
From: Iris Shih	Read Replies (1) of 69195

Hi Clint, Crazy market? I saw sector rotation here. Today retailers moved money from semi& equip~ to internets. Individuals were taking profits on semis but blocks were still buying. Plenty cash waiting sideline to jump back in. I saw some beaten down small caps doing very well, ie ifmx, pir. Market isn't as weak as it looks like. intc looks like a split coming. cmos reported terrible earning and its ceo resigned. And the stock is only down 5/16. Take care. IRis

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