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

To: giddy guru who wrote (15850)	5/6/1998 10:46:00 AM
From: Clint E.	Read Replies (1) \| Respond to of 68211

Giddy, I sold BRCM because I am not familiar enough with the stock. Sold LU too. Looks like it want to consolidate under 70, not above it. Sold CIEN as well. Telecom stocks are in consolidation. Look at TLAB, ADCT, AFCI, NT. But I kept LSCC. I think this is going higher. They opened NAZ the worst possible way for the bulls, in a weak market. Markets will be pre-occupied with Friday's unemployment report but I DO NOT expect a sharp drop. It doesn't look too bad so I am not shorting anything. We could even rally and cut losses in NAZ and DOW. If I see something nice to nibble on, I would let you know. Clint