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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (21166)6/11/1999 2:46:00 PM
From: Ms. X  Respond to of 34812
 
10450 is support on the Dow 10400 is a double bottom break with support at 10350.

What is the current reason for all this poopiness? Still rates? They need to be more creative.



To: Augustus Gloop who wrote (21166)6/11/1999 3:38:00 PM
From: James Strauss  Respond to of 34812
 
Here comes your 10,430

Nas:

The DOW has been fighting hard to stay above this support level... The longer it does, the greater the mid level support in the 10,500 area will be... A break of 10,430 could do enough psychological damage to take the DOW down to the 10,000 area... At that point we could get a violent rally to new highs as a lot of money on the sidelines starts pouring in to the market...

Jim