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To: Ibexx who wrote (7745)10/1/1998 6:33:00 PM
From: REH  Read Replies (1) | Respond to of 93625
 
Not yet I think - 1500 on Nasdaq and 7400 on DOW should do it

reh



To: Ibexx who wrote (7745)10/1/1998 8:31:00 PM
From: Boplicity  Read Replies (1) | Respond to of 93625
 
True how true. The last 1/4 of this bear market is being played out now.

Greg



To: Ibexx who wrote (7745)10/2/1998 9:51:00 AM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
Ibexx,

I'm not sure I completely agree with that. We were saying that months ago about Asia, then Russia reared it's ugly head, now we have Brazil, and LTCM. Market tanks on a rate cut (already factored in, I know) but not even a relief rally. I'm not willing to say we're out of the woods until the market either tests the old Aug. low and bounces back hard or breaks through the 200 DMA currently around 8600 on the DOW. Unless we see some very nice earnings surprises (not a likely scenario, imo) it would appear to me that we are going to be in a range with a downward bias.

bp