Doc Stone's Bierstube und Trading Room Message Board

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Non-Tech : Doc Stone's Bierstube und Trading Room

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To: M. Frank Greiffenstein who wrote (390)	9/9/1998 10:42:00 PM
From: wolfdog2	Read Replies (1) of 638

Doc, this sure isn't the way a strong market acts after a day like Tuesday. The market tanked today and it looks like we're going to see more of the same for a while. My reading of the GTW chart suggests that we are near support. If the support breaks, it should be bombs awaaaay. But first it has to break through. I think the Starr report will be weighing heavily over the market in the near term. A real bull might have ignored it. So I think the market's reaction to the report tells us something and it ain't good. Good luck with your puts.

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