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Strategies & Market Trends : Tech Stock Options
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To: Nemer who wrote (46123)6/17/1998 11:11:00 AM
From: WBendus  Read Replies (1) of 58727
 
Nemer, 8775 is an earlier inflection point in this rally. Simply, old resistance is new support. The rally is starting to look a little tired. 150 point sprint takes a lot of wind. The one thing that we must remember here, is that the US would not spend billions of Tax dollars to support the YEN unless they were certain that the Japanese were going to finally get serious about their problems.

Wayde.
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