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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: John Hunt who wrote (16148)8/11/1998 9:31:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 18056
 
John, I just posted my Turnips apologies on the Asian thread:

Message 5472007

I should add that unless we breach 8250 on the Dow, I still see this as only a retracement in a bull market. The chance, IMHO, of this level being breached have increased quite drastically (not withstanding a short run up I see here for the next two weeks).

If the coming rally has good breadth and the new highs exceeds the new lows for few days by a factor of about 2, then we might set the stage for a bull resumption. Otherwise, down she goes. How long? I have not the foggiest and my turnips are mum on this.

Zeev