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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Momo Dog who wrote (579)	1/11/1998 10:59:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 18691

Thanks Momo, will try to get update before I turn in...Have to keep myself calm..For you T.A. people, we have a rectangle pattern in the DOW, with top of pattern at 8200 and lower part of pattern at 7600... If we close tomorrow below 7600, I have downside target in next 30 days of 7000......Also keep eye on S & P...If we break 900, it is curtains from a technical standpoint...We may hold out for a few more days and tread water, but my bet still remains on another 200+ point drop....But tomorrow will tell, let's see if we can hold above 7600 on the Dow....Most technicians give a stock two days under major support point to prove it has genuinely been broken....Mark