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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Joseph G. who wrote (31692)8/27/1998 2:49:00 PM
From: Iceberg  Read Replies (1) | Respond to of 132070
 
>A DJIA close below 8,425 will constitute official Dow Theory bear market and sell signal. First since 1990.

Joseph,

Oh really? What is the definition of a bear market, and how was the 8,425 figure calculated? Thanks.

Ice



To: Joseph G. who wrote (31692)8/27/1998 3:29:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Joe, the old theory is a bit slow on the pickup. It signals a stampede after it has been trampled. I know that it doesn't like the way the transports have been acting, either. But, then, Arch Crawford will tell us it is all because the Moon is in the seventh house. And you can see it over in that subdivision if you have a telescope. <G>

MB


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