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

To: Clint E. who wrote (18796)	12/11/1998 10:55:00 AM
From: mattie	Read Replies (1) \| Respond to of 69245

Clint, good call on the turnaround in the Naz. I just got in and am checking things out. SPX has a lot of overhead resistance right here at 1165, will be tough to have a V turn. I am thinking we get a double bottom at least. But Naz is never that simple. Looks like the lows may have been put in for the day. For now I'm still mostly on the sideline. Still short APD and GD, and long NRVH for my trades (the rest is mostly longer term). Actually, after looking again at the SPX, we may already have a double bottom. Going higher for now.