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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (1521)12/12/1998 4:00:00 PM
From: dj8000  Respond to of 99985
 
I double about 7600 although I actually hope we can go that low.

We were 7600 a few month back, but at that time, we don't have 3 fed rate cut but have recession fear, and near collapse of LT captical.

DJ



To: Doug R who wrote (1521)12/12/1998 10:23:00 PM
From: James Strauss  Respond to of 99985
 
Doug:

The DOW dipped below the 50 day MA... The 200 day MA is in the 8592 area...

decisionpoint.com

A break of that will bring the DOW in the range of your 7600 estimate...

Jim