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

To: Gary105 who wrote (17474)	8/4/1998 10:42:00 PM
From: j g cordes	Read Replies (2) \| Respond to of 69121

Stocks that bucked the trend well.. sifting a long trading list. Some of these are pounding the pavement, 95% were indifferent to today's selloff... a few I included as chicken trades. Group Software/Services: ATHM PSFT CA EDS Group Networking: ASND COMS NN Group Periferals: RDRT IOM ADPT WDC MXTR Group Semi's: ALTR XLNX MXIM VTSS Group Semi E: LRCX ATMI PRIA ASMLF ETEC KLAC SFAM UTEK CYMI Group Data P Svs: ENVY CKFR PAYX SAVLY Group Oil Refine/Marketing: UDS SUN Group Intl Oils: T BP RD Group Biotechs: GENZ CHIR IDPH HGSI Group Drugs Generic: WPI ALGO AGPH Group Computer Retail: CDWC BBY TECD GTSI Goodluck, Jim

To: Gary105 who wrote (17474)	8/4/1998 10:47:00 PM
From: Clint E.	Read Replies (4) \| Respond to of 69121

Hi Gary. >>>where would you put $ to work? I'll bottom-fish widely-held, strong, mid/large cap stocks with good earnings prospects. I'll go 100% in margin for some quick plays. Rough targets, +/- a couple of points. =================== CCI @ 150 CSCO @ 90 LU @ 85 MSFT @ 101 DELL at 101 AOL at 108 BMCS @ 45 ----Maybe--- CMGI @ 63 YHOO @ 82 NOK.A @ 78---ADRs are trickier to play. >>> Any thoughts on bounce up from 200d MA (Dow a little below it, SPX a little above it), now that Acompora turned bearish? Obviously, tomorrow's opening will depend a lot on the degree of selloff in the overseas market, especially Europe's intraday action(Asian market selloff doesn't matter that much). Looks like DOW is the only index out of the big four(DOW, COMPX, OEX, SPX) that it is right at its 200 dma. With weakness overseas, DOW will obviously break thru its 200 dma at the open. I think that we would approach the 200 dma on the other three indices but we will bounce from those levels. We could loose another 170 points in DOW, 30 points in SPX, 20 points in OEX and 60 points in NAZ before bouncing back. Again, let's stay alert to the intraday action in the European markets tomorrow. Clint