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To: H James Morris who wrote (10792)5/10/1998 10:09:00 PM
From: PeterGx  Read Replies (1) | Respond to of 27307
 
I was just speaking from a (very limited) technical perspective.

quicken.excite.com

The market indices have gotten ahead of themselves, having gained handsomely so far this year. Seems like we are due for a dip toward the 200 day MA.

Also, looks like volume is down a bit overall and more importantly higher on the declines and lighter on rallies.

chart2.bigcharts.com

And IS is eerily quiet. ("The ticker rooms are empty")
I still say DOW 8700 within a few weeks.