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

To: Robert Graham who wrote (15107)	1/13/1998 1:38:00 PM
From: Power Player	Respond to of 68226

To ALL: I am a BIG Fan of TA and have recently developed a website for fellow traders to use in conjunction with their activites here at SI, I have been a trader for quite sometime and have used the TA at my site to compile a very successful trading career, you are FREE to use the site and its resources at your leisure. For a "Picture" of the markets "Risk Level" try this securitytrader.com To review my site please go here securitytrader.com Enjoy PP

To: Robert Graham who wrote (15107)	1/23/1998 4:20:00 AM
From: Johnny Canuck	Read Replies (2) \| Respond to of 68226

Robert, Don't get discouraged if you don't get an answer right away. Most of us are on pretty tight schedules so we tend to be fairly narrowly focused. With earnings season upon us, it tends to be even more hectic. I remember you from Chris's thread. You do a fairly mean job of TA yourself if I remember right. I don't know how Chris manages to keep up with his thread. Here is a another view of the market with an emphasis on the sector rotation that you refer to. tickertapedigest.com >>Market Environment for Stock Picking >>The number of breakouts TTD is finding is varying >>from day to day. However, currently we are >>impressed by the strong action in the drug sector, >>which we deem as leaders. The housing >>related stocks are doing well. The homebuilders >> and those involved in construction materials look good >>and are pushing to new highs. The mortgage plays are >>working higher too. >>Earnings season is here. So, investors need to be quick >>to make moves in response to changing >>fundamentals. The key will be to watch comments on >>the upcoming quarter of earnings and the >>impact from Asia. In addition, I see many of the breakouts that we had last week stalling or failing right now. Some of the indices are at important support levels. For example the NDX is currently just above the 200 dat SMA Earnings for the most part are not as bad as expected so far, but year over year growth has slowed if not declined. Harry

To: Robert Graham who wrote (15107)	3/28/1998 10:15:00 PM
From: Johnny Canuck	Respond to of 68226

Robert, It seems you follow sector rotation pretty closely.I was wonder if you are seeing any significant action in the small caps. I had my broker run the Bloomberg money flow for INTC, MSFT, CSCO, ORCL and the SPY. INTC is still negative. MSFT is now flat despite the last recent run up in price. CSCO was declining and is now flat for a few weeks now. ORCL money flow pretty well much followed the price action and is now up. The SPY is still up. Since INTC, MSFT, CSCO and ORCL make up about 40 to 50 percent of the NASDAQ index if I remember right and they are pretty well much overbought based on the technical and money flow, for the NASDAQ to go higher the small caps have to start to move. I have not seen any significant action on the small caps I track I was wonder if you see any. I will try to look at the Russell small cap index this weekend, but I am looking for other input. If there is no action it will be a good time to take a very defensive position. This is a good site for sector rotation tracking. securitytrader.com Harry