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To: NASDBULL who wrote (5096)10/1/1998 7:25:00 PM
From: DebtBomb  Read Replies (3) | Respond to of 119973
 
NASDBULL, Dow 7100 tomorrow, there's more to it than just Japan.

There are 3 main keys:
1. earnings (no good, sales slipping, profits slipping, Y2K costs, and will continue to do so, except internets)
2. transports (set new 52 week low today, Dow follows, Dow Theory)
3. Japan (we will follow, Japan-2nd largest economy in the world, Japan matters)
Key 1 and 2 are a given, variable Japan tonight. In my opinion, if the Nikkei drops 200 or more points tonight, Dow 7100 tomorrow. IMHO.