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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: Clint E. who wrote (18821)12/13/1998 9:11:00 PM
From: Steve Yuan  Read Replies (2) of 69635
 
Hi, Clint,

Thanks for the nice analysis. The market strength in Friday surprised me, especially the rally in internet stocks.

It seems that there will be a sell-off on Monday morning. It may take Dow to its 200 dma which is 8714. The market condition is deteriorating. I am wondering whether we will get a year end rally or a year end crash.

Regards,

Steve
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