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Pastimes : Ask Mohan about the Market
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To: John Hunt who wrote (15743)5/16/1998 10:23:00 AM
From: Zeev Hed  Read Replies (1) of 18056
 
John, these charts are actually problematic for the bears, yes the A/D line is deteriorating but the MSI is already in bullish territory from which the January mammoth drive started. We might actually hold 9000 and attempt a drive to new highs. In any event, even if we do not hold 9000, I am not turning bearish unless the new Maginot line at 8250 is breached on the DOW.

Zeev
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