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

To: Jurgen who wrote (20224)	3/12/1999 2:07:00 PM
From: Clint E.	Respond to of 70449

Hi Jurgen. As far as the market today, I think that the direction of the DOW will determine the direction of the NAS. NAS & NDX both at support now. This selloff just doesn't have any teeth. I speculate that we'll come back up today. Suresh & I were talking last night and we were saying that last night's MSFT announcement will bring some stability to PC/Chip stocks and prevents them from sliding further since people will not question the PC demand anymore(beyond seasonal factors & uP transition issues), just the price war. Look at sox, msft, dell, intc, txn, amat, cpq....you see what I mean. Clint