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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (9278)	10/4/1998 12:05:00 AM
From: Doug R	Respond to of 29382

Sergio, FA and TA should both agree. If they don't...either the company hasn't disclosed something really good or they haven't disclosed something really bad. Doug R

To: Sergio H who wrote (9278)	10/4/1998 12:09:00 PM
From: Amigo Mike	Read Replies (3) \| Respond to of 29382

Amigos y Amigas, I have just finished reading some market commentaries and studying the chart of the DOW and .......... all I can say is YUKKKKKKKKKK !!!!!! On the chart as I see it, if we break 7400 with a sharp decline, IMO, we are headed for another 1000 pt loss in the DOW to 6300-6450. Depending on the market action Monday, I will likely be moving towards cash and put options galore. The 7400 area was a nice strong base formed in the late months of 1997 from which the DOW moved to over 9000. We tested this area and held a few weeks ago. I see nothing that will help the DOW hold this area this time. Trendlines and support level indicate another tankage coming and with the mystical fear of OCTOBER, past crashes, and investors receiving their mutual fund statement in the mail come this week ...... ..... again .... all I can say is YUKKKKKKKK !!!!!!!!!!!!!!! Very few Yehaws in Amigoland. I hope that I am wrong about this but too many things are pointing lower and the DOW has not really been thrashed as badly as the rest of the market. Do you have your protection just in case ?????? Amigo Mike