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

To: tech fool who wrote (17491)	8/5/1998 9:27:00 AM
From: Clint E.	Respond to of 69079

Hello. NDX should stay around 1300 on closing basis. CSCO told us it will, last night. I think SOX has pretty much bottomed for this year. A true test of SOX will come in very early Sept. as investors get ready for pre-announcements and look into this group to disappoint the most. If that doesn't happen, we could see a test of 290-300 but nothing more. The higher-priced stocks that have most influence on SOX have held up best so far. Stocks that I have liked such as: INTC, TXN, LLTC......ALTR has held up well but its stock price is ~1/2 the rest. Clint