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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (14564)8/13/1998 3:26:00 PM
From: FJV  Read Replies (1) | Respond to of 42787
 
Chris,

That's about right. 85 5/8 will equate to low 8300s on the Dow. If GE drops below 85 on a weekly close, this market is in very deep trouble. If, however, it can break out over 90, we will have hit a ST bottom. Right now its down 1 1/4, which is weaker than the Dow's performance, thus the concern over the close.

Franco