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To: gbh who wrote (59877)2/9/1999 9:10:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 61433
 
gary,
I think that we will have at least some bounce from here though the main indicators that I use (P&F NYSEBP and OTCBP and OPTIBP) have not turned positive yet. If it doesn't hold, I see another support level at 2200 and then the more substantial support in the 1980 area that you identified.

The short answer is "yes, I think it will hold and have positioned myself appropriately. However, this is not based on pure execution based on my P&F indicators since they have not turned positive yet. In other words, Caveat Emptor.
JXM



To: gbh who wrote (59877)2/10/1999 10:12:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 61433
 
gary,
Wish I had waited til this morning to respond to your message:-)

Looks like 2310 wasn't a strong enough of a support level for a bounce. LU now at support level of $94, if it goes to $93, the next support level is $85.
JXM