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


To: Clint E. who wrote (17187)7/19/1998 4:37:00 PM
From: Tiley  Read Replies (1) | Respond to of 69822
 
Clint,

LHSPF does have a bearish slant to it but so far it has not been broken a-la SAVLY. Telecom and Software stocks have been hot but any hint of trouble in a stock and the market has no mercy. Banks are strong but UTY is not looking too strong and UTY has been fairly accurate about predicting the direction of the market. Airlines have weakened also though the damage is not significant yet.

The reason I keep asking about the Naz is because there has been no apparent sign of weakness yet and I wonder how long it can continue - bad news seems good and good news seems to be better. My only regret is a couple of stocks I had a good position in that I sold a bit early, but I guess I can't complain about a profit.

More later,
- MJ