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

To: j g cordes who wrote (16028)	5/14/1998 2:25:00 PM
From: Clint E.	Respond to of 68096

Good job with LHSPF, Jim. I didn't know you finally gave in and jumped in. Good for you. I shorted PSFT at 48 a few mins ago. I'll avg up if it runs to 49. I am going to cover HP here at 70. Clint

To: j g cordes who wrote (16028)	5/14/1998 2:49:00 PM
From: Clint E.	Read Replies (1) \| Respond to of 68096

Jim, can you give me a TA read on HP? I don't see any reason to cover here at 70. Could easily go to 65-66... After something like this, most stocks don't settle right away anyway. What do you think? Clint

To: j g cordes who wrote (16028)	5/14/1998 3:01:00 PM
From: Clint E.	Read Replies (1) \| Respond to of 68096

Jim, I just entered another short order for DELL. Now at 96-5/8...I expect to see it at 90 or lower before earnings. I expect markets to tumble pre-FOMC. I think, we could start this afternoon. There is no follow-thru. Short-covering, bottom-fishing, and calls buying must have brought us back here but that's all. With FOMC around the corner, markets must be on their best bahavior and that means DOW needs to head back to 9k(or lower) and NAZ to 1825(or lower). NAZ up 7.5 Clint