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To: dougjn who wrote (16196)10/8/1998 1:35:00 PM
From: DaveMG  Respond to of 152472
 
doug,

yeah, IMO we need to break below the recent DOW range before things look incredibly scary and people decide they have to bail to protect their nests. Of course tech investors have already been whupped, but as a lot they're more habituated to volaitlity, albeit not quite to this extent.

Curious the way the DOW is holding up. Anyone have any ideas? Seems to me this is the most easily propped up Index, and also the most useful to prop up, if one is interested in making things look better than they are. Found yesterdays behavior wierd to say the least.