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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (3616)10/2/1998 5:32:00 PM
From: gregor  Read Replies (1) | Respond to of 5676
 
>>>8500, here we come!!! (-...-)<<<

I tend to agree. I had us in a trading range 7800 to 8200 until the end of the year; we overshot to 7600 on the downside so that will put us into the 8400 8500 area.

One indicator that I use unprofessionally is expected growth rate of the S & P 500 minus the change in the 30 year T Bond Yield.

This indicator is dated 9/25/98 at this link but adjusted for the last 30 days should be flat right now.

marketgauge.com

gregor




To: GROUND ZERO™ who wrote (3616)10/2/1998 7:35:00 PM
From: bobby beara  Read Replies (1) | Respond to of 5676
 
Formidable resistance @ the 50 dma average @ 8300, that peak will be sold for another retest- we are stuck in a trading range ala last fall. A prudent bear would be selling at 8300 -g-

Bwdibearlyknow -g

bb