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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Chi-X who wrote (8565)	11/4/1997 10:14:00 PM
From: Dwight E. Karlsen	Read Replies (3) \| Respond to of 22053

I'm seeing Hang Seng @ 10480.43 -300.35 -2.79% off 2 or 3% so far, no biggie. I'm sure Wall Street will rally on such a sanguine outlook. -G- I agree, it's still too early to know how tomorrow will open. But I'm wondering how we can keep going up on steadily shrinking volume. Today's NYSE volume was actually below the 50 day average. Furthermore, IMHO we have BIG resistance at 7715, which is the dive point from the Friday before the big plunge. Today the DJIA tried to go past 7700, but failed. Weak. I thought we would close down today, but flat-lining on low volume isn't much better. Disclaimer: I bought DJX 7700 puts about 10 min before the close. Cheers! DK PS - Is your slogan ""There shall be no wine before its time", a commentary on the stock market activity lately? If it is, I agree with it. Lots of weak, still damaged charts out there. The big names are masking the underlying weakness, IMO. We need more time before the wounds received of late will heal.