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

To: Johnny Canuck who wrote (21392)	6/5/1999 5:24:00 PM
From: j g cordes	Read Replies (1) \| Respond to of 67830

Harry, you asked me a short while back about IDTC. I said stay clear and its fallen from 30ish to under 20. It passed its 2 cent shortfall on earnings consensus, over the weekend AT&T is having legal judegment problems on protecting its high speed resources to competitors, and the stock price technically is tickling the tops of a quasi support area. Risk for entry looks good, upside trading target 25. Jim

To: Johnny Canuck who wrote (21392)	6/7/1999 2:33:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 67830

U.S. TRADING SUMMARY: Stocks traded higher around midday on Monday as news of a huge merger and bargain hunting in the technology sector triggered broad-based buying on Wall Street. But trading was thin with many investors expected to remain on the sidelines until they get further evidence on the Federal Reserve's next move on interest rates. Shortly after 1:15 p.m. ET, the Dow Jones industrial average was up 66 points at 10,866. The tech-laden Nasdaq composite index rose 29 points to 2,508 and the Standard & Poor's 500-stock index was up 3 points at 1,331. The Russell 2000 gained 2 to 444. On the Big Board advancers led decliners 14 to 13 however trading was subdued with volume at just 373 million shares. infobeat.com