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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (1754)	8/13/1998 7:01:00 AM
From: TokyoMex	Respond to of 119973

From our member in Germany,, in just now,,, >>Hi Joe ! Dax currently down 105,6 at 5281,33. Low was around the 5235ish level. MAJOR support is seen at 5170 and it looks like we could slip to there short-term. Some profit-taking by shorts/futures traders has pushed the DAX future up to 5293 current after trading at 5250 low for the day. (Open 5348 yesterday's close 5413, today's high 5348,5) It just needs another 100 points down on the DOW to push the DAX to test the 5170 level. Only if we get through there is this REALLY serious. Small investors in Germany not yet selling - being told by the media for 10 days now (stupid message IMHO) : "The market is going down - it migt go down quite a lot. However you should not sell as prices will at some time come back to their present levels and above" Looking for next move down within the next hour (thin lunchtime trading) Good luck Richard <<