SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (13674)8/3/1998 4:26:00 PM
From: FJV  Read Replies (1) | Respond to of 42787
 
To All,

Just a reminder that today's Dow close was exactly at Jerry Favor's critical support level of 8786. Per his analysis, a close below this level will portend a drop to 8524. If 8524 doesn't hold, we could be in for a very severe selloff.

Franco



To: Electric who wrote (13674)8/3/1998 5:57:00 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
Electric: the reason I sold almost all my Dell (always have a little) is that I think the market is in for a steep decline. I am concerned that this decline will wash over Dell and spoil what should be a nice party. I am sufficiently worried about Dell to day trade it only: I think the market is on the verge of a major downer. I think the mob is about to turn: many are looking over their shoulder right now, and they see the outline of what looks like a bear. This time, they might be right.