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To: pater tenebrarum who wrote (65483)	9/30/1999 4:37:00 PM
From: Jorj X Mckie	Read Replies (1) of 86076

argue me out of the cycle low theory, convincingly please...i need some mental fortification right now <GGG> SPX - downtrend still intact, resistance at 1295 not even tested DJIA - tested resistance at 10400 and backed off 60+ pts Naz - Looks to be forming a triangle and tested the top downtrending line All P&F indicators on sell. NYSEBP gave a sell signal yesterday. Usually, one or two days after a major indicator changes status, the market will act in the opposite direction. Sector distribution is moving to oversold, but is not there yet. That is the best that I can do right now.

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