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

To: blast_investor who wrote (20525)	4/16/1999 1:11:00 AM
From: Clint E.	Respond to of 68032

Hi Henry: >>>NASDAQ cup and handle? This is to answer your question and finish my conversation with Goldbug Guru since I don't want to leave a wrong impression after my bottom-fishing today. This earnings month, I think we are seeing a repeat of Jan. pattern in the NAZ; a good 1st. week, followed by a frail 2nd. week, and soon to be followed by a bouncing 3rd week. Seesaw action to start after MSFT reports earnings. Let me re-submit my post from last week of March. #reply-8534142 & #reply-8534665 =========================== There is enough momentum and capitalization in MSFT, CSCO, WCOM, and telecom, Internet, and biotech .... stocks to carry us above 2500 and into new highs. It will probably be sometime in early April before that happens. We could see some sort of top by the time MSFT reports earnings again. =========================== Cracks have started appearing in what I highlighted as the leaders in my post three weeks ago. In summary, it is OK to play the bounce but don't expect too much. Clint