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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: Iris Shih who wrote (19768)	2/9/1999 6:14:00 PM
From: Clint E.	Read Replies (2) of 69144

Hi IRis. I was afraid of what Ralph had to say because the market wasn't as strong yesterday and could go either way. I am not surprised at today's drop. Doesn't look bad. Just a pullback in a range-bound market. Nothing like Oct. Couldn't figure out why BKX went positive for a while today????? I woke up this morning and saw globex down big time so I decided to get out at the open. Was surprised to see it recover by the time the market opened. I kept VECO. I am looking at getting back in by late tomorrow or Thurs. I want to place some limit orders for stocks like AOL, ATHM, CSCO, MSFT, INTC. I seriously doubt that we get a spike low tomorrow but if we do get a good size negative spike at the open(to ~2280), I'll get back in 50%. Best site to NUMERICALLY check 50/200 dmas????? Clint

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