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

To: Suresh who wrote (18516)	11/24/1998 12:50:00 AM
From: Clint E.	Respond to of 67960

Hi Suresh. Saw your reply. Thanks for the numbers. I think if NSCP goes for $4B, then there is something wrong with either NetCenter's credibility as a popular portal site or YHOO's valuation. I was looking at YHOO's intraday chart. Looks like it traded more than 2.5M shares in the last hour when it took off by 20 points. Re: INTC and -ve money flow......and the stock closed higher!!! If the stock was not called INTC and was not in the red hot SOX index, I wonder where it would have clsoed. Clint

To: Suresh who wrote (18516)	11/24/1998 7:38:00 AM
From: Clint E.	Read Replies (2) \| Respond to of 67960

Hello Suresh. I have been wanting to ask somebody and it looks like it will be you! How did you insert tabs in your table? Basically we were in a mini-trading range during the 2nd. and most of the 3rd. week of Nov.(in advance of the FOMC). The NAZ broke out last Wed. and the DOW last Friday. Solid advance in the DOW with smart looking intraday chart(the kind that I really like, the kind we saw in the NAZ last Wed and Thurs. and in the DOW last Friday) supported by positive MF yesterday. Large-cap tech stocks are starting to respond to their high valuations. Looks like an uptrending market until next week. Whenever the net stocks pop on a Friday and then go crazy on the following Monday, they then spend most of the week consolidating. I expect the same here. These stocks are like pop corn. You hear them all poping together and then as most of them get done infalting, you hear a few pop here and there!! CMGI looks interesting and may pop to new highs. Good luck; Clint