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Strategies & Market Trends : Asia Forum

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To: Zeev Hed who wrote (5479)	8/12/1998 11:10:00 PM
From: Carl R.	Read Replies (1) of 9980

So the market could go up, or it could go down? I agree. <VBG> You are saying that we have a battle between the bears and the bulls, and that for a change both are afraid resulting in increased volatility and very short swings. The bears had some fun and knocked prices down, but ran scared allowing the bulls to begin another rally. Barring a continuation of the meltdown in Asia, the rally should have lasted a few days or even a couple weeks. But with Asia down big yet again the bulls could be afraid yet again, and the bears should return, especially if the carnage continues in Europe in the AM. If the market does not hold 8250, then we might not have another rally for awhile. Carl

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