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To: donald sew who wrote (49401)8/6/1998 6:02:00 AM
From: George Mc Geary  Respond to of 58727
 
Donald, The VIX Index appears to be giving a buy signal. Could this be good enough for the 300 DOW points we lost Tuesday? The 200-mda appears to have supported the SPU and the SPX appears to be supported on a 5 year weekly chart. As usual your comments are appreciated, George



To: donald sew who wrote (49401)8/6/1998 11:11:00 AM
From: edward miller  Respond to of 58727
 
Donald,

That post should have been to bobby beara. BTW your
posts are excellent and I enjoy reading your comments.
The market now is dangerous for both bulls and bears.

CU <g>

Ed Miller

************************************************

I too feel we are going lower, but I will do my best not
to allow that to bias my analysis. We need to watch for
the technical signs of further downward movement such as
support lines breaking or supporting and the same for
resistance lines, and plenty of others. to just say we
are heading to 7500 or wherever is not all that objective.

TAKE THE BLINDERS OFF AND WATCH THE SIGNALS CAREFULLY.