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Strategies & Market Trends : The Stock Market Bubble

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To: Les H who wrote (2190)	10/19/1998 11:03:00 AM
From: Terry Whitman	Read Replies (1) of 3339

Les, good to see ya again - I knew you'd be back to the bubble. Here's something to ponder: Since the big indexes began their downturn in July, the 50 day MA has served as resistance for the Nasdaq composite. Check it out- quote.yahoo.com^IXIC&d=3mm It has bounced off it at least 4X. Current 50 day MA = 1668. Watch for a ceiling there. TW

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