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


To: Les H who wrote (797)7/23/1998 11:42:00 AM
From: Terry Whitman  Respond to of 3339
 
Watching the NAZ today, and there appears to be a ceiling at 1980.
Current 200dma +15%.... You guessed it, 1980!
Coincidence, or NOT??

TW



To: Les H who wrote (797)7/23/1998 6:25:00 PM
From: Les H  Read Replies (2) | Respond to of 3339
 
Next Monday/Tuesday is the nine-month anniversary of the big drops of
last Fall. Both Dow and S&P 500 moved below their 28-day EMA into the
lower part of their price envelope.

DJI S&P 500 Nasdaq
28-day EMA 9090 1150 1920
lower band 8880 1125 1845

28-wk EMA 8785 1090 1810

The trendline from last October's low is at 8850.