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Strategies & Market Trends : today's chart

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To: Linda Kaplan who wrote (1078)10/15/1998 11:51:00 PM
From: TechTrader42   of 1267
 
Was this the note from Claud that was "wrong"?

The McClellan Index looks to me to be about to give a buy signal.Waiting for the 40 day MA to cross the 50 day MA. The Russell Index is holding support and should begin a major rally shortly. Volatility will remain high....but not as high as has been the case recently.

Perhaps the right path would have directed us to those dearly held IBM puts.

Brooke
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