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

To: mattie who wrote (20341)	3/23/1999 4:47:00 PM
From: Jurgen	Respond to of 69762

Ooops, exits are getting crowded...i bought some DELL at the close. The little guy seems way oversold, i see some support in the 33-35 area. The Naz has filled all the remaining gaps, we might get a nice bounce during the week Jurgen

To: mattie who wrote (20341)	3/23/1999 5:41:00 PM
From: Clint E.	Respond to of 69762

>>>are you testing the waters as we hit your levels? ...Sort of.... That's where I covered my shorts in the morning and put on three longs in the afternoon. Clint

To: mattie who wrote (20341)	3/25/1999 11:51:00 PM
From: Clint E.	Read Replies (1) \| Respond to of 69762

BTW, I don't expect this move to be as strong as the one that started in mid/late Dec. and lasted thru most of Jan. Back then, bullishness meant that I expected a trip from 1960 to 2300 and then later on to 2500. That was a healthy ~27% move. Do I have a target this time? No. I don't know where the top will be. It could be a short-lived trip to a few points above the prvious high of 2533 or it could be as high as somewhere betwee 2600 to 2700. Different enviroment compared to Dec/Jan. and hard to know in advance when we are facing so many issues.