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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: MONACO who wrote (20744)	10/2/1998 2:32:00 PM
From: J.T.	Read Replies (1) \| Respond to of 50167

Monaco, I mentioned on tech stock thread in a post last night that Dow should rally back to 7850 area in "narrowing wedge formation" before resuming back down. We crossed thru 7800 area about 20 minutes ago and turned back down. It is very important here in the last 1 1/2 hours that we have a strong close and don't fade into the bell. If we fade badly, the downward spillover will resume in abrupt force next week. Let's hope this doesn't play out this way. Good Luck. JT