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

To: fedhead who wrote (19566)	1/22/1999 8:04:00 PM
From: Clint E.	Respond to of 70915

>>>>I don't personally see NAZ breaking 2000 but even if it reaches 2200 it would mean a major hair cut on some of these inets. To be honest with you, I have no clue about most of these stocks. I am also somewhat sick of the whole group and all the press that they get. Aren't you? Clint

To: fedhead who wrote (19566)	1/24/1999 11:11:00 AM
From: Clint E.	Read Replies (2) \| Respond to of 70915

Anindo, after analyzing Thurs. and Friday action, I feel very comfortable with my Wed. night forecast. I stick with my neutral stance in the short-term. Brazil, FOMC meeting on 2/2-3, and Jan. unemployment data on Feb. 5th, are some key events that keep the market on its toes, hence a range-bound market(i.e., neutral). I expect a good week for the tech stocks(within my trading range). I expect the NAZ to take a peek at 2400 again, unless some kind of catastrophic event happens. I will buy intc. Why shouldn't I? The same goes for AOL and MSFT. I will paper-trade out-of-money call options in yhoo and a couple of other net stocks. I don't know why I have this feeling that they will sizzle again this week. Clint