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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (19841)9/2/1998 9:51:00 PM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
Bear Market Blueprint...

OJ:

To me the 7100 area which sits on the 144 day Fibonacci MA on the weekly chart will be the real market test... That's also the area of support going back to the beginning of 1997... A break there takes us into the 6500 level you referred to... After that, there is downside to 6000... If that doesn't hold, 5700 would most likely be the bottom of the BEAR...

Jim