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


To: bobferg who wrote (15936)5/11/1998 11:29:00 AM
From: mattie  Read Replies (1) | Respond to of 67997
 
Bob,

I have another 'W' for you, TOM. Tommy Hilfiger is breaking out big time!

By the way, I got your email about a week ago. I had been off line for a month or so (wife had a baby). I tried to email you back but couldn't respond to your message. Your earthlink email didn't go thru. Any way good luck with those W's and let me know what you think of TOM.

I am still holding dell. What a ride since Christmas!



To: bobferg who wrote (15936)5/11/1998 4:38:00 PM
From: Judy  Read Replies (1) | Respond to of 67997
 
Hi, Bob

Many of your signals are for very short-term trading, but regarding the EPC sell signal you got a week ago Friday, is that signal still valid?? I am seeing macro and subjective indications of the marketing topping, a rounding top rather than a parabolic blowoff as some on CNBC have commented on. Indications include:

Price volume action today has been heavier on the downside, and the volalitity of the selloffs greater than normal ... some of the movement is due to options flux, but flux is typically not so swift on strong volume.

Bond over 6 percent again, money migrating from equities to bonds;

Corpopate earnings are out and distribution is occurring into strength;

PPI/CPE and FOMC are over on the 19th, the market should start to worry again for the next cycle afterwards.