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

To: Tiley who wrote (16475)	6/9/1998 1:43:00 PM
From: Clint E.	Respond to of 68461

>>>Looks like the market wants to head higher. Your thoughts?? Hi Manish; Yes, NAZ bottomed in mid 1700s. There has been lack of interest on the sell side, good ping-pong action between the two markets(NAZ & DOW) in terms of supporting one another on weak days, bullish intraday pattern in terms of soft mornings and afternoon rallies, good protection by MMs in the last few days to let profit-takers out up here without crashing NAZ, return of momentum playing in the net stocks and some software stocks,..... Volume hasn't been there on up days to give a solid 2nd. confirmation sign but may improve once we crack the 1800 barrier. Wish you lots of luck! Clint