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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST

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To: space cadet who wrote (18988)12/23/1998 9:07:00 AM
From: Clint E.  Read Replies (2) of 68046
 
Space, another good day for the techs ahead. The market bottomed last Monday on Dec. 14th(NAZ=~1965, DOW=~8690) and that's why I came up with my bullish forecast last Wed. night. Before that, it was range-bound. Since then, it has had a series of breakouts and solid daily actions.

Here is a lesson for me and all. When a solid uptrend cycle begins, never try to take advantage of a short-term pullback in the market. Always use the small pullbacks to add to your long position(s).

Your DELL is doing well.

Since Kurlak finally upgraded INTC this morning and with yesterday's better-the-expected results from COMS, watch stocks of chip makers like ALTR, XLNX, LLTC, BRCM, LEVL, PMCS... Outsourcing stocks like JBL, SLR, SCI, SANM, DIIG are worth watching as well.

Clint
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