Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (13280)	8/30/1998 3:31:00 PM
From: John Rowton	Read Replies (1) of 18691

Just my opinion, but I would see further weakness Monday and Tuesday and then what will be called a "snap" back rally into the 8300 area. Then another test of 8000. It should break 8000 as it did 8300 which was great support, After that, who knows, 7800,7600, 7000. I do feel that the nasdaq will get to the 1500 level at least. As for the snap back rally, the news media prostitutes will be all over that as proof everything is alright with the world. The usual media whores will get on CNBC and state that we are coming back, the two horrible months for stocks are Sept and Oct. and we are not even there yet

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