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To: J.T. who wrote (26450)5/24/1999 3:30:00 PM
From: Sonny Blue  Read Replies (1) | Respond to of 50167
 
Great call on the DOT! But don't you think the volume is pretty light today?



To: J.T. who wrote (26450)5/25/1999 2:35:00 PM
From: J.T.  Respond to of 50167
 
DOW must hold 10640 or selling will accelerate and DOT is immediately going to test 550. BKX close below 840 and 800 is on cards. J.T.



To: J.T. who wrote (26450)5/25/1999 3:57:00 PM
From: J.T.  Read Replies (1) | Respond to of 50167
 
We are going straight to 10330 DOW next support in zipline fashion. J.T.



To: J.T. who wrote (26450)5/27/1999 9:26:00 AM
From: J.T.  Read Replies (2) | Respond to of 50167
 
I am going to concentrate on DOW since it alone was early index indicator that pulled up the pants of rest of market indexes. We closed yesterday above important 10,640 level to 10,702. Immediate overhead resistance is 10,750. This is the first hurdle "two closes above" as Ike teaches us before I will believe "bull" is again back on course. On supports, 10,640 is first minor test, but major line in sand at 10,520. If we crack below 10,520, this is going to be another piece in the puzzle about continued trend and sentiment change in market. Strong support at lower band 10,330 for now. J.T.