Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James F. Hopkins who wrote (22560)	7/28/1998 1:49:00 PM
From: donald sew	Read Replies (1) of 94695

Jim, My intraday indicator is saying that we will bounce to the upside and close above the lows of the day. I noticed your 1120 support on the SPX, and I have it at 1119 - close enough; however I feel that we broke a recent double bottom support for the DOW @ 8856, for the SPX at 1128, and for the OEX at 553. I feel that was the key turning point for this market to set lower lows in the future. Frankly there really isnt that much difference between 1120 and 1128. For the immediate short-term we could still see a small upswing but then to LOWER LOWS. Seeya

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next