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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (22584)7/28/1998 4:01:00 PM
From: donald sew  Read Replies (2) of 94695
 
Jim,

I still think we move up some more in the next few days, but not alot more. I think the max for the DOW is in the 9150-9200 range, but have some doubts that it will get that high.

Such action would produce a LOWER HIGH, and as long as the market internals do not improve dramatically almost immediately, then the market should produce LOWER LOWs breaking important supports.

I had the support on the SPX at 1119 and you with 1120 and it held for now.

Seeya
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