Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: JEB who wrote (2629)	8/30/1998 12:17:00 PM
From: James Strauss	Read Replies (1) of 119973

S&P Support Levels... JEB: If the Spyders drop to 97 we get an additional 10% downside... If they drop to 81 we get another 25% downside... If all hell breaks loose there is support in the mid 60's... In 1987 the Dow dropped over 40% from peak to trough... So far, lower interest rates are keeping us hanging on by a thread... But even these so called low interest rates are high by historical standards when compared to the rate of inflation... Jim

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