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


To: Michael Rich who wrote (14826)12/1/1997 2:02:00 PM
From: Judy  Read Replies (2) | Respond to of 68168
 
Mikey,

CSCO and INTC and MSFT moving as expected. Actually CSCO is on a tear, nice. In this market block selling is much more important than block buying. Blocks buying CSCO at this price??

ORCL got downgraded by Goldman Sachs today. Stock may be weak until earnings, Dec 9th. Fun and games usually occur for ORCL during this time. Asian currency crisis will have a short-term effect.

COMS, consider taking profits or covering at 40ish. Later.



To: Michael Rich who wrote (14826)12/1/1997 5:51:00 PM
From: Judy  Respond to of 68168
 
Michael,

SPY was super strong today and is a good surrogate for the SPX. Broad market will be strong until SPY shows divergences. Let's add SPY to the indices next update.