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

To: ViperChick Secret Agent 006.9 who wrote (16778)	5/12/1998 1:29:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79378

Lisa, I meant it was a week where long positions in good stocks were still safe. I can't say anything about the day to day trading in S&P futures or options. Most trading I do is from a period of a week to several months. Based on what I see for the next month, the market is on its way to a correction if not alraedy in the middle of one. There will likely be 2 very nasty days to it and most will call those 2 days the correction but on a technical level, it started about 3 weeks ago. Doug R