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To: Mr. Aloha who wrote (47343)6/12/1998 1:05:00 PM
From: Jerry Miller  Read Replies (2) | Respond to of 176388
 
let me show you by example:

fact: over the course of the past 10 years, the Nasdaq Composite
has dipped below its 200 DMA twice. once in September of 1990, and
again in May of 1994.

fact: every other time it has approached the 200 DMA there has been a
bounce, a test of that average, and the Composite has gone higher.

fact: currently, the 200 DMA is right at 1700.
fact: the Nasdaq is within a few points of testing its 200 DMA.

so basically, if i have an idea, or a thought about what might happen
or where the Index might be headed, i try to support it.
with "facts."

...and if my facts seem strong enough, then i might offer an opinion
like...we may see a rise in the Nasdaq, real soon.

get it ?
...now you try.