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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: James Strauss who wrote (4291)12/10/1997 1:23:00 PM
From: James Strauss  Read Replies (4) of 4701
 
Market Reflections

I think the negative perceptions about Asia are probably worse than the real fact... But, since perceptions drive the markets, we could be seeing a test of that Mini Crash day bottom in October... The next few days should tell us if this Asian Flu reaction turns into Pneumonia...

Dow 7765 seems to be the critical area at the 89 day MA... A break below this could signal that re-test of the October lows...

Jim
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