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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (22936)8/1/1998 9:48:00 AM
From: Monty Lenard  Read Replies (1) of 94695
 
>>But I feel she has a lot support to break before she would get down to 8250..<<

Jim, let me put in my 2 cents worth. EVERY chart and indicator I am looking at is sitting on support. If next week, these support levels are broken we are in deep do do. If it holds, we may see some more of what we saw the last week but I do not know what good news is coming that could turn the tide. It has been reacting poorly to good news anyway, which IMHO is very bearish.

"Darkness is only an inch away"

Monty
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