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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Chip Anderson who wrote (12970)	3/2/1998 1:12:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 79520

Bad News First... >>>I agree that the small caps should do well in the near term. Overall, I'm become more cautious though. IMHO, The real test will come later this week when the first "bad" earnings<<< ********************************************************************** Chip: The negative Pre-announcements usually come out first... Then, the positive announcements come out... Advances continue to outpace decliners... It is unlikely that the FED will raise interest rates... In fact, I think the next move will be to cut the rates... New Highs far outpace New Lows... Any dips should be considered buying oppty's... Especially, for those investing in Index funds and DJ Diamonds... Jim