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Strategies & Market Trends : The Stock Market Bubble

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To: Terry Whitman who wrote (1238)8/27/1998 5:03:00 PM
From: cAPSLOCK  Read Replies (1) of 3339
 
I don't think the smart 'dipsters' will be buying tomorrow, no...

Although the indexes showed signs of upward struggle through the day, everyone still ran for the exit at 3:40.

Look at the transport indexes... DJT just made it's 52 week low.
quote.yahoo.com^DJT&d=1y

If it still acts as a leading market indicator, we could ex[ect to see DOW= 7250 pretty easily... even quickly.

I think we will see a rally... but not tomorrow, and not for good. There is too much stuff still waiting in the wings.

cAPS
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