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

To: Clint E. who wrote (18386)	11/17/1998 11:55:00 AM
From: Tiley	Read Replies (1) \| Respond to of 68093

Hi Clint, The strong stocks still seem strong. However, I'm not convinced that the upside is not built in. We might get a pop if we get a cut but I somehow doubt if it will last. I still think we need to base. I'm not yet covering my shorts nor am I selling any of my longs. I'll decide the future action after seeing the market's reaction to AMAT's earnings and of course the reaction to the Fed action (at the close of day), Later, - MJ

To: Clint E. who wrote (18386)	11/17/1998 12:09:00 PM
From: mattie	Read Replies (1) \| Respond to of 68093

Way to step up to the plate Clint. I don't try to forecast what the Fed is going to do, but the charts are pointing to higher prices. I have not bought or sold based on todays meeting. I have a limit order on CSCO at 66. I had sold it a week ago for 67.5 - It has based nicely since then and looks like it wants to go higher. Check out PRGN. A small cap of mine that is looking very good. I am looking for new highs very soon. Good pattern of higher highs and higher lows.