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Re: Oex support/resistance/whats next



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In a message dated 8/3/99 1:06:16 AM Eastern Daylight Time, 
kohath@xxxxxxxxxxxxxx writes:

<< Looks like we are at a critical juncture here.  Minor support at 675 area, 
Strong support at 660 area, resistance at 694.  I hate to try to try these in 
between calls.  More money in the funds and more volume and I would be more 
bullish, it is so oversold, but, volume is/has dried up, interest rates 
rearing it's ugly head, Y2K coming up, and it's August (I would suppose you 
all remember last years tanking).  (Internet stocks were hammered today)  I 
called the 680 support area the other day, (came within 3 points, after the 
rally to 696 from 688 anyway, who knows, may hit it in the morning), anyone 
else willing to put their money on the table and make an educated guess/short 
term forecast as to what is to come?
 
 Kohath >>
good morning

i see us locked in a trading range for 1-2 days
will only change my mined if we close above yesterdays hi
or under yesterdays low
regards
Ben