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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Bolder who wrote (13691)8/3/1998 10:31:00 PM
From: dennis michael patterson  Read Replies (3) of 42787
 
I get a nightly update from Favors. Tonight he says "rally attemots from here will be short.: "Any rally above 8884 will signal a probable rally to higher prices, as long as the Dow does not fall below 8785. A decline below that level cancels any possible ST bullish signal." He says he is going short the next rally. Bottom line: "We remain bearish." Amen to that!
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