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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (22560)	7/28/1998 1:26:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 94695

Jim, what time is it?

To: James F. Hopkins who wrote (22560)	7/28/1998 1:27:00 PM
From: HairBall	Read Replies (1) \| Respond to of 94695

James: Gee, let us get out our violins first! <g> Regards, LG PS: Stay tuned for wild market swings!

To: James F. Hopkins who wrote (22560)	7/28/1998 1:49:00 PM
From: donald sew	Read Replies (1) \| Respond to of 94695

Jim, My intraday indicator is saying that we will bounce to the upside and close above the lows of the day. I noticed your 1120 support on the SPX, and I have it at 1119 - close enough; however I feel that we broke a recent double bottom support for the DOW @ 8856, for the SPX at 1128, and for the OEX at 553. I feel that was the key turning point for this market to set lower lows in the future. Frankly there really isnt that much difference between 1120 and 1128. For the immediate short-term we could still see a small upswing but then to LOWER LOWS. Seeya