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

To: d. alexander who wrote (24102)	10/20/1999 12:01:00 PM
From: shasta23	Read Replies (1) \| Respond to of 68364

"Today's Market Timing Comments For morning of 10/20/99: The indicators (mostly the equity put/call ratio) still indicate that large market gains are very likely in the near future. What continues to be uncertain is whether that will come immediately or after a drawdown of two to three percent." Well now we know! Could've should've stayed long LCOS but still feel ok of taking quick profits. Don't know if we're out of the woods. I sleep these days better with mostly cash in account. Naz is gapping every day in a different direction. Risky. Just can't loose that funny feeling we're not finished with this correction. Too much selling on good news still e.g.EMC! Semis get slaughtered again: TXCC down almost 7, RFMD, AMAT, GALT touched almost 18 etc. Look at DISH...had a nice breakout yesterday after pullback to moving average but gives back a lot of it today. I would like to see in some stocks good follow through to take longer term positions again. But then again i'm overly careful... Stefan