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To: DD™ who wrote (745)8/11/1998 10:57:00 AM
From: Paul Shread  Respond to of 1999
 
I was afraid that would be your answer. I'm surprised more of this selling isn't concentrated in the Nikkei. They, after all, are the problem, and a little thrashing might get them to stop this ridiculous talk about a "soft landing."



To: DD™ who wrote (745)8/11/1998 11:04:00 AM
From: Paul Shread  Respond to of 1999
 
200 DMA held on S&P, hasn't even been tested on Nasdaq, and we're about 1.5% below it on the Dow, but that's not out of line with recent history. So far, no unrepairable damage, in my opinion, but a retest is definitely not out of the question.



To: DD™ who wrote (745)8/11/1998 2:07:00 PM
From: Paul Shread  Read Replies (2) | Respond to of 1999
 
So far -- knock on wood -- S&P 200 DMA is holding. The fact that we keep retesting it does not make me happy, but at least we're holding support... Hey Antonelli, you bears washed out yet?