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To: Judy who wrote (24627)3/23/1999 5:32:00 PM
From: Dave Shares  Respond to of 50167
 
Judy,

Thank you as always. It will be interesting to see what develops over the coming days.

In the case of INKT, I'd feel more secure about entry if it were to base for a while in the 68-71 range, to confirm 72 as a breakout level. But it is a volatile stock, so I am unsure that it will be that predictable.

I think the sidelines may be a good place for me while the market sorts itself out. I would not be surprised to see 9200 revisited, as this would still be less than a 10% pullback, and the Dow traded in that range for a while before the last move, so there should be support there.

I'll leave the analysis to Ike and others who are for more adept at market analysis than I am.

David

David



To: Judy who wrote (24627)3/24/1999 10:47:00 AM
From: zx  Read Replies (2) | Respond to of 50167
 
hi judy, imo the market is in danger of a break down .
it is bouncing off resistance now.
wonder how far it may fall if it falls.
what will be the trigger or will it keep bouncing up for now.

good luck.