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To: Bill Harmond who wrote (16084)9/4/1998 12:51:00 PM
From: fut_trade  Read Replies (1) | Respond to of 164684
 
>Right now the brokers and banks are in free-fall

I was looking at a 10 year chart for CCI. I don't think there is strong support until well below 50 or so. Who knows where it's going?



To: Bill Harmond who wrote (16084)9/4/1998 12:53:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
The Philly Bank Stock Index just broke Tuesday's low.



To: Bill Harmond who wrote (16084)9/4/1998 1:01:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Tuesday's low for
the BKX.X was 621.78. <<

It broke through that today. Hmm

Ps. I wanted to add, in the oct. '97 crash i remember how quickly the bank stocks came back from lows, not this time though.



To: Bill Harmond who wrote (16084)9/4/1998 2:17:00 PM
From: Dell-icious  Read Replies (2) | Respond to of 164684
 
So where do you get BKXX quotes ?



To: Bill Harmond who wrote (16084)9/4/1998 2:49:00 PM
From: Dell-icious  Read Replies (3) | Respond to of 164684
 
William
I agree with you that DELL could have a short term technical correction but with AOL - how will that get affected by brazil or argentina or the bank stocks or whatever ? It's going to hit it's targets no matter what - it has already corrected nearly $55 = 33% from it's peak. Do you think AOL has more downside left in it ?
How much downside ?
thanks
Dell-icious