SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Philipp who wrote (25671)8/30/1998 8:01:00 AM
From: P.Prazeres  Read Replies (1) | Respond to of 94695
 
Philipp,

The fact that the market didn't "snap back" after a powerful selloff on Thursday indicates that there is alot more trouble to come....and it may be a domino effect type of selloff (but hopefully not). The Dow is sitting in no man's land. Next support, (if one dares to call it support) is the January 12, 98 low of 7443.41, then I would guess 6970 (the low on Oct 27, 97).

Alot of the big brother stocks have broken down, (KO is one example).

Below are some links to some of the messages from me earlier this month:
exchange2000.com (I was off by a few weeks)

and from Aug 5th: (excuse the explitive)
exchange2000.com

and from July 28th:
exchange2000.com

Paulo