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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: Steve Yuan who wrote (18792)12/11/1998 6:56:00 PM
From: Clint E.  Read Replies (1) of 69660
 
Steve, I was checking today's news. Lots of negatives hit the market: Drop in PacRim/Europe/Brazil markets + KO & AMR warnings + Clinton mess.

Impressive but expected for the DOW to hold above its 200 dma. All kinds of sell signals are generated if the DOW breaks its 200 dma and we cannot have that so close to the year end.

Clint
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