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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (8736)	9/13/1998 8:24:00 PM
From: James Strauss	Read Replies (1) of 29382

>>>A market rally ? Is this a change of opinion?<<< ********************************************************************** Sergio: This is not a change of opinion... Even BEAR markets have rallies... The Reversal on Friday is pointing to a rally... If it can get above the mid 8000's we could say that the recent bottom has been confirmed... If it stops in the 8100 to 8300 area it will probably retest the 7400/7500 area... The change in FED stance is the new wild card... We still have the Japanese, Russian, and Latin American problems looming on the horizon... And, of course, the Clinton drama... In the meantime I'll take advantage of a few days of rallying... Jim

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