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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (2986)	7/23/1998 11:34:00 AM
From: set	Respond to of 5676

CNBC is reporting the II numbers. 54.3% bulls. 22.3% bear. eom.

To: bobby beara who wrote (2986)	7/23/1998 1:40:00 PM
From: HairBall	Respond to of 5676

Bobby: Market doing what I expected today. I am not as sophisticated as some of you guys. I just trust my old tried and true personally formulated indicators and watch the old basic indices. Market has looked very heavy lately. Utilities: have given a short/medium term sell signal 7/20. Should close today below its 50 day SMA today. Transports: momentum turned south on 7/15. Should close below its 50 day SMA today. Composites: gave a big signal, with its double top. Should close below its 50 day SMA today. Industrials: Most watched of them all, may close below its 50 day SMA today. Regards, LG