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To: IngotWeTrust who wrote (20636)10/4/1998 11:14:00 PM
From: waldo  Respond to of 116764
 
Nothin will b finer thn hi-5n 49er t'morro mornin....8000 is long "gong" 8>()

how about these:

"He said the Hang Seng Index was currently holding at the mid-point of its 7,000 to 8,000 point range but could fall below 7,000 points some time this month."

''What is worrying is to see the Nikkei close to lows that we have not seen for some time,'' said Rossiter.

biz.yahoo.com

W



To: IngotWeTrust who wrote (20636)10/4/1998 11:31:00 PM
From: waldo  Read Replies (1) | Respond to of 116764
 
A few more "Q's"

If the Hang Seng is going to 7000, and the Nikkei is at a 12 year low...how easy is it for the DOW to break 7500 this week?

If the NASDAQ is still up 25% this year...where is it going this week??

What will the hedge-hogs sell if there is no liquidity in the equities?

What's you favourite champagne? LOL!

W



To: IngotWeTrust who wrote (20636)10/6/1998 12:07:00 AM
From: ForYourEyesOnly  Respond to of 116764
 
Pt Downside Breakout?

All Pt longs, looks like it's time to break out the longboards......the surf is getting mighty rough.........the big drop today provided me with a "courtesy margin warning" from my broker.........

If Pt breaks the historical low of $329 (correct me if I'm wrong), then where can we look for support? It might be wise to take a look at the yen charts. In yen terms, Pt is way above the historical low of 1134 yen/g on May 10, 1995.

So while in $ terms there is no clear bottom support past $329, in yen terms we still have a major downside target! Right now we are holding on just above 1400 yen, but if we break it we might head for 1300........

Since a large amount of Pt is traded in yen, it makes sense to consider the yen technicals as well....I'd like to hear more opinions about yen charts vs. dollar charts & their relative validity/influence on the market.

Good luck to all,

THC