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To: GROUND ZERO™ who wrote (9723)12/7/1998 4:31:00 PM
From: jjs_ynot  Respond to of 44573
 
I think that the bias is still higher as well. I was just noting that the tremendous upward strength that was in place about 8 weeks ago and through that period to the present is starting to abate. This is the first time, per my indicators, that we have been close to a possible downturn of reasonable strength. My guess is that the bias si still to the upside but the bias is not nearly as strong as in the recent past.

Today certainly looked like some upward momentum has re-entered the marketplace.



To: GROUND ZERO™ who wrote (9723)12/7/1998 4:56:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 44573
 
GZ

bite your tongue<g>....

we're rockin guy...

The DJIA printed a 3 box reversal up...on P&F...the SPX blew thru 1180, and my res. target is 1190..if we print 1195, that would be a continuing buy signal and a Double Top buy!!!

then the DOW could catch up...it's lagging about 300-400 points...

markets looking very powerful here....a freight train......