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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (13538)	8/1/1998 9:26:00 AM
From: Magnatizer	Read Replies (2) of 42787

Dennis sorry for the delay. Jerry is bothered by the failure to hold the gains from Thursday. Says that 86-8700 area is very important on the Dow. 8524 is critical for the month of August. He pointed out how the STIX and the 14 day RSI on the A/D line are both extremely oversold. He says if we don't rally off of this soon the dynamics of the market are changing. I assume he meant the bear is here if we don't rally soon. He also was asked if he agreed with the correlation between the current market and the 87 market. He said yes there are many similarities. overall, fairly bleak. ht david

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