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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: shasta23 who wrote (17457)8/4/1998 2:45:00 PM
From: Clint E.  Read Replies (1) | Respond to of 68947
 
>>>DOW seems to have longer=stronger base around 8000-8100. Do you see that as a short term bottom? And NAZ around 1720?

I think we started the year with DOW just below 800 and NAZ around 1600. I give DOW 4% and NAZ 8% allowance, based on corp. profits in the first six months. So, DOW of 8300-8400 & NAZ of 1720-1750 makes sense to me.

Clint