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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (27683)9/13/1998 1:27:00 AM
From: studdog  Read Replies (1) | Respond to of 94695
 
<<I'm looking for the 200dma to start declining pretty soon. Take a look at stocks like Chase...>>

Considering individual stocks, GE seems to be paramount with regard to it's impact on the market. Looking at GE's chart it wouldn't be hard to interpret the fall after Tuesday's rally to have been the result of GE bouncing down from it's 200 dma on Wednesday .

Karl



To: Moominoid who wrote (27683)9/13/1998 9:19:00 AM
From: HairBall  Read Replies (1) | Respond to of 94695
 
David: Dow Composite 200 day SMA has declined for two days in a row!

Regards,
LG