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


To: Tom Trader who wrote (15686)4/27/1998 11:53:00 AM
From: Clint E.  Respond to of 68333
 
Thanks Tom. Some of my shorts paid off well and some I got out because they were not going anywhere. It was a good run. I went flat an hour ago.

My brother should be smiling too. I had him cash out of all his mutual funds last Wed. and he told me that by Friday's close they had dropped by 2.5%. More today, I am sure.

My longer-term targets on DOW and NAZ are 8700-8750 and 1750-1770. We are going into a trading range soon.

As long candidates in a bottom fishing style of trading, one may look at PSFT, CPWR, MANU, and CTXS and some of the net stocks like AMZN and YHOO.

Clint