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To: Mark Fowler who wrote (14917)8/27/1998 9:19:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I'm concerned about the critical support levels on the indexes that were technically
damaged today--maybe now resistance levels. The Asia fallout seems to be spreading,
Clinton scandal, now i'd get really concerned if

Mark,

TA is not my best area as I keep repeating. Please let me know what you believe will occur as the market develops. I am not long too many stocks. I am mostly cash for the moment so not in too bad a shape if the market becomes worse. However, if the market deteriorates, my retail jewelry business will too:-(

Glenn



To: Mark Fowler who wrote (14917)8/27/1998 9:32:00 PM
From: Bill Harmond  Read Replies (3) | Respond to of 164684
 
>>So far my stocks have been charging ahead, but today i took a hit as most longs did i'm sure. William says this reminds him of the '90 market correction

...and Dell traded at a split-adjusted 60 cents

>>however, it reminds me of the '94 correction when the Fed. raised interest rates to slow the economy

...and America Online traded at a split-adjusted $3.75

That's why I'm trying not to pick a bottom.


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