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

To: shasta23 who wrote (23713)9/16/1999 1:14:00 PM
From: Clint E.  Read Replies (1) | Respond to of 68127
 
HI STEFAN. Sorry, I was going to answer you right after Mattie but somebody walked in on me!

Software stocks seem to be the new leaders. Stocks like MERQ, CTXS, BMCS, ADBE, LGTO... are scooped up on every weakness.

Don't get too bearish. There are too many of those around already. People who think of correction have nothing to back it up but what happened in Oct. of 97 & 98. The market doesn't respond to good news but doesn't fall hard on bad news(hardly any around) either. It is range-bound up here. I call it "toppy range-bound".

Clint



To: shasta23 who wrote (23713)9/16/1999 1:56:00 PM
From: d. alexander  Read Replies (1) | Respond to of 68127
 
Stefan; On the Naz; it looks like the lower int. uptrend (about 2765 this am) is holding for the moment. Sounds like a shipwreck! Right now the NAZ is trying to get back thru the downtrend support it broke earlier today.

I wonder if you could pass along the yahoo portfolio by copying & posting the list that you get when you edit it. Like I did in Message 11240067

If it's not too much trouble. Thank you.

Dorothy



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