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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (5479)8/12/1998 11:10:00 PM
From: Carl R.  Read Replies (1) | Respond to of 9980
 
So the market could go up, or it could go down? I agree. <VBG>

You are saying that we have a battle between the bears and the bulls, and that for a change both are afraid resulting in increased volatility and very short swings. The bears had some fun and knocked prices down, but ran scared allowing the bulls to begin another rally.

Barring a continuation of the meltdown in Asia, the rally should have lasted a few days or even a couple weeks. But with Asia down big yet again the bulls could be afraid yet again, and the bears should return, especially if the carnage continues in Europe in the AM. If the market does not hold 8250, then we might not have another rally for awhile.

Carl



To: Zeev Hed who wrote (5479)8/13/1998 10:44:00 AM
From: Im-patient  Read Replies (2) | Respond to of 9980
 
Gosh, Zeev...I sure would LOVE to see CYMI over 38, near term...

How near term is that??? or is that a typo??

--(gullibly yours) Fred



To: Zeev Hed who wrote (5479)8/13/1998 12:01:00 PM
From: Denice  Read Replies (1) | Respond to of 9980
 
Zeev,

Re your statement: "I now see CYMI reaching 38 over the short term," You meant VECO, didn't you?

Denice


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