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To: MrGreenJeans who wrote (1312)10/2/1998 9:15:00 AM
From: Lars  Respond to of 15132
 
MrGreenJeans,

Thanks for the post. I hope Don is correct.



To: MrGreenJeans who wrote (1312)10/2/1998 11:39:00 AM
From: Boca_PETE  Respond to of 15132
 
Mr GJ: Don Lane's 10/2 Post evaluating yesterday's test of the lows

(QUOTE)
#2222 Posted Date: 10-02-1998
From: Don Lane Msg #: 2224

Last nights test was as good as it gets. Dow near lows but S and P and Nasdaq well above lows. Volume down nicely on NYSE and Nasdaq. These are the exact guidelines that have been talked about on Moneytalk. Prices in area of prior lows on lower volume. If the market holds in the mid seven thousands we will have confirmation of a successful test of the bottom.

For the bears to rule they must now push prices sharply below the September 1 intraday low of 7401 and keep them their on very high volume. Otherwise the correction has lost its momentum.

(UNQUOTE)

Hope he's correct.

P :-)