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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (30926)10/8/1998 11:08:00 PM
From: bearshark  Respond to of 94695
 
GZ:

The resistance level that I plotted since 11/94 will not be penetrated significantly on a closing basis. It stands at 7700 and will be between there and 7750 for about a month It has held all week.

Things began going wrong early today. The rates on all treasuries should have turned down from fear and stayed there all day if this was going to be for real. However, three out of four was OK early. But everything began to turn quickly. I hope I can have two days of peace away from this thing. Who knows?