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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (17878)11/20/1998 5:19:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 42787
 
Do you realize that we are only 23 S&P points from an all time high?

And there is still $158 billion setting on the side in money market funds!!!

Gersh

(server sucks)



To: dennis michael patterson who wrote (17878)11/20/1998 5:23:00 PM
From: Judy  Read Replies (1) | Respond to of 42787
 
It would be bothersome if the market continued up to retest its old highs and proceeded to make new highs short-term. Making new highs on declining volume without consolidation in the interim would be the makings of a double top market formation, which would be bearish for the intermediate term.