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Strategies & Market Trends : Three Amigos Stock Thread

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To: j g cordes who wrote (16022)6/27/1999 11:40:00 AM
From: James Strauss  Read Replies (2) of 29382
 
Good points Jim...

The key for me is not the FED hike next week but the FED bias... If it doesn't change to neutral we get a deepening of the correction... Dow 10,431 is intermediate term trendline support... If FED rate bias remains on tightening bias look for a test of the Dow 10,000 area with a possible downside 200 day MA test in the 9700 to 9750 area...

Jim
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