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Re: Stock Market Direction



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In a message dated 98-04-11 19:58:08 EDT, you write:

<< The FirstCapital Oscillator has gone NEGATIVE. This indicates a change in
 the  direction for the market to down. If you are interested look at:
 http://www.firstcap.com
 It is free.
 I expect to see the major averages penetrate their 200 day moving averages
 with the DOW going to 7800 and the S & P 500 going to 970.
 
 Victor Weintraub >>

Dear Victor,
The Nasdaq looks very strong to me for the upcoming week.  The 50MA has
recently crossed above 200MA in a strong upsurge plus, its 10 day percent R is
ready for an advance.
Jim