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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (15472)9/7/1998 10:28:00 PM
From: Judy  Read Replies (2) | Respond to of 42787
 
8200 is in line with a 2/3 retracement of the DOW correction from 8600. As of last Thurs, Ralph Acampora expected 7800 to contain this rally but the snap back rally in the Asian markets and short covering may take us temporarily thru this resistance to 8100-8200. A snap back rally in the Latin American markets should not be ruled out and would give further impetus.

Have not check the Asian markets tonight, but I assume they are holding well.