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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 684.84+0.6%Dec 22 4:00 PM EST

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To: Iris Shih who wrote (19709)2/5/1999 4:18:00 PM
From: Clint E.  Read Replies (1) of 69175
 
>>>Short covering?

don't know. I just know that buying-the-dip has worked in the last four years that I have been active in this market. Just need to space them out in time and price and have some patience.

The last two days have been de-ja vu of what happened two weeks ago.

The market needs some good news. Let's see what we get coming our way early next week.

AMAT reports the week after next so my two Semi gear makers are safe.

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PS, the good thing about today's action was that the weakness didn't spread to the overall market and the DOW and even BKX held up well despite weakness in the tech land.
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