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To: art slott who wrote (2254)1/22/1998 10:34:00 AM
From: Chris  Respond to of 8219
 
before it was the 99-105 trading range..

i truly believe our next trading range will be 90- 99

we wont see 105 for a while..



To: art slott who wrote (2254)1/22/1998 10:35:00 AM
From: Chris  Respond to of 8219
 
99 was a strong support... once broken... that becomes a strong resistance.. again we need a CLOSE below 99 for it to be broken.. hope for end of day rally..

djia and naz indexes below 50 day ma's now. bearish signs yet again.. look for 200 ma for djia retest..



To: art slott who wrote (2254)1/22/1998 10:37:00 AM
From: Chris  Respond to of 8219
 
as you see. it's a TRADER's mkt this year.. i could have been in and out of ibm hitting those 100-105 (and to 113) going in and out.. 5 pts each trade.. not bad when you add them up..

long term investors are not going to win this year..



To: art slott who wrote (2254)1/22/1998 10:56:00 AM
From: Chris  Read Replies (1) | Respond to of 8219
 
99 may hold (we need close above 99)
mkts may do reversal by end of day... we will see.


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