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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (21370)11/13/1998 10:31:00 AM
From: Jerry Olson  Read Replies (2) of 50167
 
Morning Ike...

i looked at the OEX today....

on the way up recently, the major resistance area was 545...it should be major support on the way down..

if the OEX reverses to 540 on a print basis, then we would have a 3 box reversal down which would be a sell signal...

so 540 is the sell!!!! might not happen Ike....

in fact even though they will sell off this afternoon because of IRAQ, i don't think any real damage will be done until Tues...After AG's decision....
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