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  • houseodds houseodds Sep 23, 1999 4:56 PM Flag

    This is true re: price of oil.

    Yesterday on the PBS news hour they reported that
    the proposed amount they might release is so small
    it's like a drop in a bucket. I believe, according to
    Dow Theory, we have the confirmation of a primary
    Bear Market when the DJI dropped below 10,466. The S&P
    500 broke 1,300; the 1265 level must hold or we have
    an even more powerful case for the bears. There's an
    old adage about bear markets, he who looses the least
    is the winner.

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