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To: Ellen who wrote (62909)9/23/1999 7:17:00 PM
From: kendall harmon  Respond to of 120523
 
Where's support now? It is a key question now and we all have to admit that we do not know the answer. Here is one attempt:

Dave Eberhart, analyst at Optima Investment Research in Chicago, pointed to the next support level for the S&P 500 at about 1267-1268. The S&P 500 traded intraday Aug. 10 at 1267.73, the index' six-month low.

After that he pegged support at 1256-1257.


From thestreet.com's market day summary article