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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Marty Rubin who wrote (13247)8/28/1998 6:24:00 PM
From: John Rowton  Read Replies (1) of 18691
 
we will see if 8000 holds. i do not know how old you are but in
1987 we had a similar friday ( although thursday was not as rough).
everyone in 87 expected the market to open to the upside after
a short test, just like today, they are all long term investors. time will
tell but monday and tuesday should be the pivot point. by the way, in 87 , monday was the pivot point down , i also was an investor in 73 -74 when the president was in the process of impeachment hearings.
that was just a slow bear market.
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