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

To: mattie who wrote (19591)	1/26/1999 11:45:00 AM
From: Clint E.	Read Replies (1) \| Respond to of 70948

The NAZ rushed above 2400 again, helped by earnings from stm, sap, tlab, .huge gain in MSFT, split announcements in ibm, rally in the net stocks, short-covering,,,......some profit taking here below resistance at 2415(the close last Wed when MSFT reported), but with cpq reporting tomorrow AM,, they are going to attempt to take it higher. as we leave Jan, what investors are going to remember is how the NAZ outperformed all major indices. Sometime this year, the NAZ should reach 2700 or even 2800.