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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (30558)	10/7/1998 10:48:00 AM
From: Berney	Read Replies (1) of 94695

Bob, The RUT was a washout a long time ago. The 508 on the OEX is a down trend line, which, of course, becomes resistance. The OEX becomes something like COHU (which I have liked for several years, but, for which, I'm thankful to not have a position). Once you get a big-time down draft, there are all sorts of resistance points that develop, that reflect "Dear God, please let me get out of this investment alive". Berney

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