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


To: d. alexander who wrote (25378)2/28/2000 1:34:00 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69126
 
Hi Dorothy,

I have to admit I am not all that pleased with the demise of the old SI either. I still can't figure out how to see old messages sent to me. It looks like that feature is not supported on the new SI. The clutter on the screen can be annoying too. As much as I like the new added features like advanced charts and portfolios, I could do without a lot of the on screen information.

Funny series of exchanges on the topic though. Baldy and Taste Like Chicken alway have a wicked sense of humor. It looks like Brad and Jeff are cashing out, good for them. Too bad it looks like they lost creative control once they sold. I have to agree with some of the comments. SI does not have the critica mass it once did due to the slow access and membership fees that keep a large majority quiet.

I got the charts you sent. Are the indicators plotted the 20, 50 and 100 day EMA with a one STD envelope?

Looking at T2113, it looks like we are still trapped in a trading range that started in Oct,1999 as the number of stocks 2 STD below their 200 SMA has oscillated between 45 and 60.

The McCellan Oscillator is indicating an oversold condition so the broader market should rally from here.

Here is a more diversified way to play the infrastructure stocks.

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To: William F. Wager, Jr. who started this subject
From: Adam Nash Sunday, Feb 27, 2000 11:32 PM ET
Reply # of 1364

Too Bad! Redback is *not* in the new Internet Architecture HOLDRs:
Amex Begins Trading Internet Architecture HOLDRS(SM) New Depositary ReceiptIssue Offers Investors the
Ability to Gain Exposure to a Wide Range of InternetArchitecture Companies
Fri Feb 25 16:30:00 EST 2000

NEW YORK, Feb 25, 2000 /PRNewswire via COMTEX/ -- The American Stock Exchange
today began trading Internet Architecture HOLDRS(SM) Depositary Receipts, which
give investors ownership interest in the stocks of 20 specified companies
involved in various aspects of the Internet architecture business. A total of
2.7 million depositary receipts were issued yesterday at $94.41 each and will
trade under the symbol of IAH.

"Owners of Internet Architecture HOLDRS(SM) have the ability to diversify their
investment in the Internet industry with the flexibility of undivided beneficial
ownership interests in each of the underlying securities represented," said
Richard A. Mikaliunas, Amex senior vice president of capital markets.

Internet Architecture HOLDRS(SM) represent investors' undivided beneficial
ownership interest in each of 20 underlying companies involved in the Internet
Architecture business. Investors may buy and sell the receipts in round lots of
100 shares, just as they would any stock. Investors may also cancel their
depositary receipts, receiving the underlying shares, or request creation of
additional depositary receipts by delivering to the trust the required
underlying stock. The 20 stocks in the trust are:

3Com Corporation (COMS) Foundry Networks (FDRY)
Adaptec, Inc. (ADPT) Gateway, Inc. (GTW)
Apple Computer, Inc. (APPL) Hewlett-Packard Company (HWP)
Ciena Corporation (CIEN) International Business Machines
Corporation (IBM)
Cisco Systems, Inc. (CSCO) Juniper Networks, Inc. (JNPR)
Cobalt Networks, Inc. (COBT) Network Appliance, Inc. (NTAP)
Compaq Computer Corporation (CPQ) Seagate Technology, Inc. (SEG)
Dell Computer Corporation (DELL) Sun Microsystems, Inc. (SUNW)
EMC Corporation (EMC) Sycamore Networks, Inc. (SCMR)
Extreme Networks, Inc. (EXTR) Unisys Corporation (UIS)

The American Stock Exchange trades options on 26 broad-based and sector indexes
and 1,185 domestic and foreign stocks, as well as Long-term Equity AnticiPation
Securities(R) (LEAPS(R)) on 234 stocks. The Amex is home to the Index Share(TM)
Marketplace, which includes SPDRs(R), Select Sector SPDRs(R), DIAMONDS(SM),
MidCap SPDRs(TM), WEBS(TM) and Nasdaq-100 Shares(SM). Amex is a leader in
listing warrants on indexes, hybrid instruments and other structured products.
For more information, visit amex.com.

SOURCE American Stock Exchange

(C) 2000 PR Newswire. All rights reserved.

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