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

To: mattie who wrote (18779)12/10/1998 4:25:00 PM
From: Clint E.  Respond to of 69249
 
Thanks for the chart, Mattie. I didn't remember that SPX was at 1160 just this past Friday.

Ideally, they should get all the DOW pre-announcements out before the FOMC meeting next week. I haven't checked on any news so I don't know what happened today. I assume we sold off due to MRK last night and earnings jitter.

Good little shake out. I like that. I am starting to think out an earnings scenario that may be playing out. I'll post tonight.

I took the pill. I covered most of my shorts before the close. I am still short intu & bgen. I need to look at them more closely.

Clint



To: mattie who wrote (18779)12/11/1998 9:43:00 AM
From: Clint E.  Read Replies (1) | Respond to of 69249
 
Mattie, I know it is too simple but watch 2000 and 1980 in the NAZ. Also watch how the chip stocks are doing, intraday. Once they turn around, time to jump in.

Clint



To: mattie who wrote (18779)12/11/1998 10:56:00 AM
From: Clint E.  Read Replies (2) | Respond to of 69249
 
hncs is breaking down. noka looks good. noka is getting ready for another +10 point advance.


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