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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (21532)6/13/1999 4:41:00 AM
From: Teresa Lo  Respond to of 67789
 
Technical Update - Ideas for Longs and Shorts

My scan turned up the following candidates that are of interest. This is a list of IDEAS only. Please be sure to do your own research prior to making any trade. These are all NYSE or NASDAQ stocks.

Test of Top Category - CNTO, TER, BRCM, MERQ, MCHP, ASYT

Triangle - BW, ASDV

Bull Flag Consolidation - CCUR

Climax Top? - WCII

Watch for Sellers on Any Bounce - GNET

Head and Shoulders Top? -PX



To: Clint E. who wrote (21532)6/14/1999 12:49:00 AM
From: Suresh  Respond to of 67789
 
Hi Clint,

check this out... EBAY's PR;

biz.yahoo.com

They claim they will loose 3 to 5 mil in revenue. I am not sure if they are factoring ongoing lose of business or just two days. If we simplify and assume that they are loosing 3 days of revenue and using the lower end of the estimate, they are telling that they will have approx 90 mil revenue for the quarter. Amazing... My estimate.. their revenue will come around 60 mil....

Later,

Suresh



To: Clint E. who wrote (21532)6/14/1999 2:28:00 PM
From: Johnny Canuck  Respond to of 67789
 
Excerpt from http://www,infobeat.com

U.S. TRADING SUMMARY: U.S. stocks were mixed in morning trade,
reacting to a slew of large corporate mergers and a stronger
dollar. But the lingering threat of higher interest rates kept the
market wary. The Dow Jones industrial average was up 31 points at
10,521.9. On the New York Stock Exchange, market breadth was
slightly negative, with declines beating advances 1,300 to 1,150.
Trading volume reached 155 million shares. Technology stocks were
lower. ''The major leading Internet stocks have broken down
technically,'' said Barry Hyman, market analyst at Ehrenkrantz,
King & Nussbaum. The tech-heavy Nasdaq composite was down 25 to
2,423, after opening slightly higher. The S&P 500 index rose
fractionally to 1,294.3. The bellwether 30-year Treasury bond lost
1/32 of a point in price, for a yield of 6.12%.