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


To: Johnny Canuck who wrote (25002)1/31/2000 7:06:00 PM
From: dppl  Respond to of 68128
 
Just a hunch Harry. I think whatever the Fed does we get a power move. .25%, .5% - it doesn't matter. I'll hedge a bit when we get nearer d-day, but bear in mind how oversold we are here.

I'm not sure we will be in a classic 8 week correction yet (I am neutral), because selling off so much so quickly tends to be consonant with a short sharp shock correction rather than with the long, drawn out type

Thomas



To: Johnny Canuck who wrote (25002)2/1/2000 3:14:00 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68128
 
SECTOR No# Change

INTERNET 13 -3.0%
CHIPS 13 +0.9%
CHIP EQUIP 10 +2.5%
Telecom Equip 21 +2.1%
RETAIL 8 -1.4%
SOFTWARE1 13 -2.3%
DSL 6 -2.2%
DWDM 15 +1.3%
Financials1 6 +3.7%
Carriers1 3 +6.0%
Telecom Construction1 3 -2.2%
networkers1 4 +5.2%
Contract Manufacturers 4 +0.6%
Tier 2, D-WDM 7 -5.6%
Broadband Cable 1 7 +0.3%
Harry's current watchlist 33 +2.2%
DOW 10 +1.1%
DRUGS 4 +2.1%

Tue Feb 1 3:01am ET - U.S. Markets open in 6 hours 29 minutes.
Dow 10940.53 +201.66 (+1.88%) NYSE Volume 993,800,000
Nasdaq 3940.35 +53.28 (+1.37%) Nasdaq Volume 1,510,069,000
S&P 500 1394.46 +34.30 (+2.52%)
30-Yr Bond 6.491% +0.000