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To: John Hunt who wrote (10907)12/11/1997 11:00:00 AM
From: Joan Osland Graffius  Read Replies (3) | Respond to of 18056
 
Hi John, >>S&P and Nasdaq are still above their 150 day moving average

I will also feel more comfortable when they get below 150 day moving average. Looks like if we are going into a bear market we are going to get to this number slowly.

One thing that was interesting yesterday.. when the DOW was down 123 points F was up over $1. I did not know what to think of this.

Do you know where on the net I can get the AD line chart?

Joan



To: John Hunt who wrote (10907)12/11/1997 11:47:00 AM
From: Tommaso  Respond to of 18056
 
I guess I ought to look at those moving avergaes more often--they do make a difference in judging the major turns. Meantime I feel like someone who got off the Titanic a little too soon. Nobody coming to the rescue because the ship isn't sinking yet.