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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (11184)	2/4/1998 10:03:00 AM
From: Trader X	Read Replies (1) \| Respond to of 17305

<!-- * Good timing, re: SP500 * --> I've been very impressed by the performance of the SP500, breaking over resistance at 980. Now it seems like it wants to retest that as an area support. I think that once it does that successfully, the broad market will make further gains. this ascending triangle pattern is very bullish: chart4.bigcharts.com:80/chart?time=7&freq=1&uf=0&lf=4&type=4&style=3&size=3&maval=10&state=4&compidx=aaaaa&symb=SP500&ma=3&comp=&r=chart&sec=x&onbad=badsymbol&sid=3377&xyz=31176594&s=14443 Explains a lot why stocks across the board are doing so well now; confidence is returning to investors. I see no reason why this trend can't continue for the near term. An aside note concerning the new email messages: I was at first enthusiastic about this new development on SI, but now have my concerns. Stock information given on a one to one basis helps the average lurker not at all...and lurkers outnumber posters by a 4:1 or 5:1 ratio, I believe. If using private messages to pass along good information is used to avoid "flames", perhaps the information isn't so good to begin with. Why can't it stand up to public scrutiny? I think there's a good use for the private message system, I just hope it doesn't undercut the purpose of SI. -Kevin