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To: Thomas J. Smith who wrote (27285)1/9/1998 6:45:00 PM
From: Thomas J. Smith  Respond to of 176387
 
LOWER HIGHS CONTINUE....................................

DOW topped on Aug. 6th with a closing high of 8259 and made a lower closing high on Oct. 7th at 8178 and continued to make lower highs on DEC. 5th at 8149......

Now on Jan. 5th it continued (7979) to make lower closing highs (5 months after it's all time high). How long do BEAR makets go???

Not until it shakes the individual holders, will this one end..

Nasdaq= oct. 9 (1745) dec.8 (1657) Jan. (1574) lower highs



To: Thomas J. Smith who wrote (27285)1/9/1998 6:54:00 PM
From: Ian Davidson  Respond to of 176387
 
So.....we got your advice and paid nothing for it.....so I guess that's what it's worth.......nothing.

Ian



To: Thomas J. Smith who wrote (27285)1/9/1998 6:59:00 PM
From: jim kelley  Respond to of 176387
 
Your counsel is to not trust the markets. Thanks for sharing.