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To: Demosthenes who wrote (1394)10/5/1998 11:40:00 PM
From: mister topes  Read Replies (3) | Respond to of 15132
 
New lows on both Nasdaq and NYSE still tons below level
of August 31-September 1 average. And volume continues to
contract on downsdays during tests of the prior lows.
So far so good. Look for sellers to evaporate in October
and rally to new highs will be underway as buyers prevail
in a price vacuum due to lack of supply at depressed price
levels as always occurs at significant lows. And this is
definitely the most important low since the 1994
triple bottom around Dow 3600. Looks like market can
launch incredible price gains from this low region, perhaps
well surpassing the present Dow 9500 prediction on Moneytalk
and finally getting into five digit territory over next 1-2 years.