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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 (15879)	9/25/1998 5:26:00 PM
From: Judy	Read Replies (2) \| Respond to of 42787

Dennis, technically I am not sure what Favors sees that convinces him that DOW 7000 is definitely in the cards. John Murphy makes the same projection, but Murphy is wrong as often as he is right. One cannot make such a statement until DOW 7400 is retested and either holds or breaks. My estimate of the downside limit is SPY 900 which I have been told is equivalent to DOW 7200. We will know that the bottom has been set when the bellweathers holding the market up capitulates. Key bellweathers are listed in my post, long them whenever the market turns up. Short them with caution. Message 5824154