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To: Jurgen Trautmann who wrote (9302)3/21/2001 9:43:14 AM
From: Jurgen Trautmann  Read Replies (2) | Respond to of 11051
 
Just I heard two numbers in TV:

- German jewellery branch made ~1 bio resume last year.
- German mobilphone-industry made ~40 bio resume.
- German phone-industry made nearly 40 bio resume.

This famous average family spent 80-times the money for calling as for jewellery and watches...



To: Jurgen Trautmann who wrote (9302)3/21/2001 10:53:45 PM
From: Berney  Respond to of 11051
 
JT, Good Observations, as usual!

I think that the TA is still working just fine. The Cubes bounced hard off the support of the lower trend line that I show is this week at ~$39. I think they made a good show in a nasty DJIA/OEX situation. I still believe that OEX will see ~550 before this is over as 1) that is the projection of the broken pennant and 2) there is some decent horizontal support there.

I'm not terribly optimistic, but, hopefully, reasonably realistic. As I see it, the Cubes need to retest the weekly down trend line. Then, decline and hold the prior lows. We have yet to see any prior low hold. It would be a good 20% move to test that weekly down trend line. I wouldn't give it a snowball's chance of breaking through it at this time.

Fortunately, I'm just too busy trying to help fill Uncle Sam's treasury in order that the Shrub can have his tax cut. The folks in mutual funds last year just got blistered. Looks like they are going to be writing big checks on substantial dividend distributions while their investments declined in value. Keep trying to tell them that these things are tax inefficient, but few seem to listen.

TB