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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Rick Faurot who wrote (8985)	2/22/1999 2:13:00 PM
From: LastShadow	Read Replies (3) \| Respond to of 43080

CNBC just said the "Correction was over" because the DOW was up 180+ points. Trading is still light, though, and I have a little problem with that statement since the SPX is only up about 27 points, which puts it around 1266 - still well off the 1283 earlier this month. Still, a lot of charts look nice right now with some consistent buying. CPQ, COMS, DELL all up...but why is MSFT down? Its never failed to join in a recovery. I think I will reserve judgement yet for a couple of days. One up day does't fix a trend, and with the NCM still a ways to go to even break even from last week's drubbing, I'll stay cautious. lastshadow