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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (24226)9/12/1998 6:54:00 PM
From: Big Bucks  Respond to of 70976
 
Gene,
I thought those charts provided some graphic similarities. Now my
question is the relevance of the chart drop around 8/25. It appears
that the market stabilized for about 3 weeks and then dropped
after options expiration in Sept '90. This has been my
prognostication since July, let's see if it holds.
Options expiration is this coming Friday, earnings season in 3-5 weeks again in Oct. If there is general "bad"/weak earnings and cautionary conference calls, then I suspect a further downward bias
of the markets and some of the more "lofty" stocks.
Look at the sector charts that I posted to BK.
What is your read, anyone else can provide their views/analysis
also based reviewing the charts.
coolhistory.com
coolhistory.com

stocks.miningco.com

BB