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To: Ron McKinnon who wrote (14755)6/12/1998 7:58:00 AM
From: Beachside Bill  Read Replies (1) | Respond to of 53068
 
If the U.S. does as well as Europe, there should be a least a 1% drop in the indicies. If we close at a point with a little greater loss than that, all of the U.S. markets will have broken support IMO. It will be an interesting day.

I agree with staying out as much as possible over this weekend. The bulls have faired well so far, but volume has been light. Not very convincing.

Nice post Ron.



To: Ron McKinnon who wrote (14755)6/15/1998 3:53:00 PM
From: Johnathan C. Doe  Read Replies (1) | Respond to of 53068
 
Will 8700 on the DOW hold? I sure hope not.

A lot of techs have bottomed out; all the selling has been done for these. The market continuing to drop means these sold off techs won't be bouncing for a while, but talk about great entry points! Lots of stuff across many tech sectors.