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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (20100)	3/5/1999 3:21:00 PM
From: Goldbug Guru	Read Replies (1) \| Respond to of 69866

DISCIPLINE Dow Jones almost 9700. How high can she go? 9800? 10000? The higher she goes the harder she falls, and let's not forget dow 10000 will give Alan Greenspan another excuse to raise interest rate. Most likely he won't raise interest rate in the near term but you never know what this guy will do next. I personally will not commit any new money in this market until the dow can stay above 9300 for at least five consecutive days. So far i only see a 300 points trading range in the dow which I don't feel comfortable with, therefore this market must roll back few hundred points next week. In order to make serious money the dow have to drop below 8500. Otherwise you might have to gamble with internet stocks like ebay, cmgi, amzn, yhoo, and etc.