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

To: Clint E. who wrote (22679)8/10/1999 12:18:00 PM
From: Suresh  Read Replies (2) | Respond to of 69335
 
Hi Clint,

this is funny as reported by Maria on CNBC earlier today;

According Mark Edelstone of MS, DRAM prices are holding firm and they may go on allocation because of tight supply. With this in mind he is upgrading LSI and XLNX.

I did not know that XLNX makes DRAM!

CNBC also reported on weak click thr' for banner ads and the impact it might have on ad based business model going forward. This might be pressuring DCLK and to a certain extent YHOO.

Later,

Suresh



To: Clint E. who wrote (22679)8/10/1999 5:32:00 PM
From: d. alexander  Read Replies (1) | Respond to of 69335
 
Market-wise, we haven't seen any shake out below support. The market is deeply oversold and near long-term support in the case of the SPX so I expect it to come back (12.08pm)
Thank you. I got there a little faster this time.
Soon after that was posted the SPX went through its 200dma. What would a shake out have been like? A sudden descent on volume once it was through, before any attempt at recovery?

d.alexander


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