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To: Charles Tutt who wrote (18653)8/17/1999 2:21:00 AM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
Another buck and a half and we'll be entering uncharted territory.

There is good news: HWP had enough of an upside surprise to influence the sector positively tomorrow, maybe. But everything depends on the CPI number. If that comes in positive, and then by some miracle the Fed does nothing a week later, we could well see that territory.

But if you say so you jinx it, so don't<g>. Many other outcomes are also possible.

EDIT: Also, while I'm not much of a chartist, I think techies would agree that the buck and a half uncharted territory requires breaking a pretty strong "resistance" level from a TA point of view. If we do get there, and the market has a little run, there could be more upside.

BWDIK
--QwikSand