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To: Robert who wrote (70466)10/20/1999 4:09:00 PM
From: Defrocked  Respond to of 86076
 
Robert,MM...there should be a whole lot
of resistance between 10,500 and 10,600
which roughly correlates with 1320 to 1335 SPZ.
Bonds ain't gonna like a rallying stock
market. And at 6.33% the asset allocators
have to be selling stocks to buy bonds.

IBM matched estimates I see.



To: Robert who wrote (70466)10/20/1999 4:15:00 PM
From: Terry Whitman  Respond to of 86076
 
>I fear the future. What comes next?<

There's a sign post up ahead. Next stop, Recessionville. <g>

Here's some things to cheer you up- Advancers barely edged decliners today and over 300 new lows. quote.yahoo.com

Also- Transports breaking to new lows, Fed moving to tighten, And to top it off- We have a wild swing to bullishness in sentiment and Bears capitulating all over themselves. (me included) Watch the 10500 to 10550 DJI level. The trendline off the tops projects a top in that area, very soon. If 10K was so damn important, maybe this will be too. But Who TFK.