COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-58.1%

Nov 14 9:30 AM EST

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To: jhild who wrote (10914)	12/18/1997 10:03:00 PM
From: Moonray	Read Replies (2) of 22053

jhild, the 50-day moving average for the DOW is right where it is now sitting. A down opening should lead to a sell off. I am looking at a current 200-day MA at 7510. Convincingly down through this line means a bear market to me. If we turn upwards at 7600 then to me we have a very bullish inverted head-and-shoulders pattern. The best thing that can happen is for the market to fall apart. That is, we have distress but we need capitulation. o~~~ O

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