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To: Manny Gugliuzza who wrote (191)2/1/1998 4:32:00 PM
From: Manny Gugliuzza  Respond to of 942
 
correction: it is the simple moving average of 20 days that is still positive. since i have been using exponentials all along to mark the turns because of the volatility this must remain consistant. i apoligize if this confuses anyone with all my ramblin and such.

it will be very interesting to see how the market bids after or if a close above 8000 should occur. without aggressive institutional purchases who seem to be on hold for now i do not see that happening.

but in the words of the boston globe today "the fed is the key"

ar. goin fishin again.