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


To: Iris Shih who wrote (19705)2/5/1999 3:40:00 PM
From: Clint E.  Read Replies (1) | Respond to of 70347
 
>>>One concern: How do you feel that bks broke 770?

awful. really awful. One reason I became more bullish was that BKX and brokers started firming up and moving up(one of my lagging indicators) ....later I found out that there was some buyout/take over rumor......I cannot see the DOW making new highs without this index moving back up.



To: Iris Shih who wrote (19705)2/5/1999 3:45:00 PM
From: Clint E.  Respond to of 70347
 
let's hope we get some good news Monday morning, like two weeks ago when MSFT announced a stock split.

CSCO split? I am all for it but let's get something better like a couple of mergers.

If there is some good news over the weekend and we go up, many may forget about the last two days in a hurry.

I am so tired today...must be because of watching the market in the afternoon!



To: Iris Shih who wrote (19705)2/5/1999 4:00:00 PM
From: Clint E.  Read Replies (1) | Respond to of 70347
 
2350 held up going into the close. csco above 100. msft in black. intc above its 50 dma(ema?).....looks good for Monday...for longs that is!!!

Mattie should know better but 1240 has some significance for the SPX, I think. DOW -0.26. A whopping loss!

thank you Uncle Bill. MSFT saved the day!