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To: STK1 who wrote (24842)1/11/1998 5:33:00 PM
From: topwright  Read Replies (1) | Respond to of 41046
 
Charles the real irony was Granville, a bear for years and on Friday he comes on and predicts a raging bull market developing. Same day it tanks. I will however give him credit that he did have a caveat in place and that was the bull would rage only if the 7562 level held, and that seems to be exactly what happened Friday.

Tonights overseas markets should set the tone. Here's hopin that someone steps up to the plate tonight or I'm afraid Monday will be extreme.

The real key is if earnings surprises to the upside are ignored, then we may have some back pedaling. I've been looking for 6800 as the pivot point for some time. We'll see.

RB

RB