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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (14987)	2/8/1999 9:25:00 AM
From: coug	Respond to of 44573

Yes, I think it is to sell today.. The Euorpean markets didn't really tear the cover off the ball last night.. INTC in a price war with the Celeron chip.. Morgan Stanley upgraded AMAT.. AT the top????? BWTHDIK..... Coug

To: SE who wrote (14987)	2/8/1999 9:26:00 AM
From: Doo	Read Replies (1) \| Respond to of 44573

Neglected to offer this observation last week, but the open reminded me. Patrick's use of the 34 ma has had me watching it on several time periods for a month or so, often with Bollinger Bands overlayed. Take a look at the daily for the SPH. Notice we've bounced three times since mid-Dec, but the prior two from much higher levels above the 34 ma. This time, we've really been hugging the 34 for some time, and we broke it Friday. Will support become resistance this time? 1250 is critical, in my view.