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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: R Stevens who wrote (644)6/15/1998 5:05:00 PM
From: Terry Whitman  Read Replies (1) | Respond to of 3339
 
I'm still expecting the NAZ to bottom around 1630 (just below the 200 day MA)- much as it has in previous corrections during this bull run. Of course, if this is the end of the bull (which we won't know till the 200 MA is violated)- then we'll go Much lower.

Looked at your 2 yr. weekly. Point: Rate of change didn't bottom til -200 on last correction. Point 2: Williams%R still has a ways to go before it hits similar lows.

Good point on DELL vs. AOL/AMZN - never occurred to me that internet stocks could somehow be separated from the rest of the market. Is the end near for the internets?

TW