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Technology Stocks : DELL Thread For BULLS and BEARS! -- Ignore unavailable to you. Want to Upgrade?

To: McNabb Brothers who wrote (165)	11/14/1997 1:25:00 PM
From: Paul van Wijk	Respond to of 198

Hank & Hank Let's be serious. - If the N-225 drops below 15000 the Japanese banks and economy are in serious trouble - If that happen this will hurt the American economy more than the so cold SEA-turmoil (to be honest, I have no idea what turmoil means in dutch), - So when this happens this is very good news for the bears - At this moment the N225 is only 0,5 above this point - If the Dow closes significantly lower today there is a very good chance the N-225 will drop below this point - If the Dow finishes up significantly this will give them support, and will help them to move out of the danger-zone - The market, institutions, mutual-fund manager etc. etc. know this - If the majority is bearish then they will do everything to move the indexes down today - If the majority is bullish they will do everything to move the indexes - We also should consider that if the N225 will further drop this will have a negative influence on the American indexes next week - A further drop of the indexes next week means that we will break through the resistance that was set a few weeks ago - If this all doesn't happen than we can say that we restest the lows and that they hold, so we can look at the upside in the next few weeks - So today is critical. Will we enter a bear-market (we have never been so close to it as long as I'm trading), or will we stay in a bull-market. Where am I wrong? Paul Paul