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To: John Hunt who wrote (15641)5/6/1998 8:13:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 18056
 
John, we might see 15,000 break, but the odds are that they will pull all stops and Postal is going to pore a billion to defend the Maginot. However, in stealth, KSE will possibly break to new lows bringing the Asian house down with it. Note that the short term oscillators are turning negative in our domestic markets as well. The marginal new high (with very unhealthy breath) we had might have been the signal for a few hundred Dow points correction. I still think that this decline will be held above 8250, yet a spill from here to there will cause some caution and thus a new wall of worry to evolve in the market. Just one person's turnips opinion.

Zeev

Zeev



To: John Hunt who wrote (15641)5/7/1998 1:41:00 PM
From: Simon  Respond to of 18056
 
<<They are just scared to death, that they will get the historical blame for breaking it.>>>

So who wants to go down in history as another Hoover??