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To: stock bull who wrote (69962)10/7/1998 4:20:00 PM
From: Stoctrash  Read Replies (2) | Respond to of 176387
 
>>I estimated the resistance level to be 52

I had 52 also...and it closed well below that.

>>If one believes in TA, than one can conclude that this is good news.

Closing WELL below support????
....that is not good news fella.

But hey....the Dow as only down 2 points...so it was a good day, RIGHT?

BTW...25 might be a little low for now.
First I see 40-44 as next support.




To: stock bull who wrote (69962)10/7/1998 4:37:00 PM
From: LWolf  Read Replies (1) | Respond to of 176387
 
stock bull... basing patterns and support.

Possible support lines based on weekly charts:
~44 from Jun '98
~32 from Mar '98