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Strategies & Market Trends : the Women of SI

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To: Rambi who wrote (358)	7/26/1998 3:47:00 PM
From: epicure	Read Replies (1) of 1691

Hi Penni, Hope your investments are going well. This week should tell us whether the back of the bull is broken or not. We have had some bearish signals, the Kahuna thread is positively a buzz. I have seen topping formations in AMZN AOL YHOO and some other high flyers. The Transports continue down. The Sliver index was one of the strongest I could find. What does it all mean? I have no idea. But at a guess I think we go up initially, at least Monday morning. We have dropped about 400 dow points in 4 days, a retrace is to be expected- 100- 200 pts has been thrown out as a possible amount of retracement. If we do not retrace that will be a nasty technical blow to the market. Any break of 8600 and look out below- BWDIK

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