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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (23872)8/11/1998 9:13:00 AM
From: donald sew  Read Replies (3) of 94695
 
Bill,

>>>>> If we break below 8,500 then we will probably retest the upper 8,300 level before moving higher. The question, of course, is whether the 200 day MA will contain the drop as it did last week.<<<<<<

It sounds that you are still very confident that the recent lows at DOW 8362 will hold.

If we do break 8362, I have the next support at 8238-8166

Seeya
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