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To: Gersh Avery who wrote (4966)12/30/1998 10:09:00 PM
From: Berney  Read Replies (1) | Respond to of 11051
 
Gersh, Thanks, I like the site.

The charts of many of the leaders are looking the same way (i.e., IBM). However, I'm just not sure that much can be gained from a TA perspective in this holiday week. IMHO the key will be how the market handles the Senate upcoming hearings. Obviously, to my surprise, it blew off the House vote, bombs, and earnings warnings, as if they were unimportant. Now, let's see how it handles this one.

Clearly, GE and many others are so far above their moving average that one must question the oxygen availability at these levels. As I noted to MG, the market could use a respite; it would be healthy.

Berney



To: Gersh Avery who wrote (4966)12/31/1998 12:47:00 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 11051
 
You mean Moby Dick is about to show his private parts, Gersh(g)?

DJ

PS: there'll be some trades first day new year on my side.