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To: Justa Werkenstiff who wrote (14169)	6/3/2000 9:23:00 AM
From: Allan Harris	Read Replies (1) of 15132

Re: Chartheads and techies have woodies after today "Somebody stop me" The NYSE A-D line has turned up sharply after making a new low in May and in so doing, has triggered BUY signals on the optimized parabolic as well as all the daily trend regression channels that have been sloping downward since the short-term peak in this index in May of 1999. This is all accompanied by positive divergences in the Elliott Oscillator, MACD and RSI. The New York Financial Index (NF) peaked in July, 1998 at 599.87 and has been in a choppy sideways consolidation ever since. The daily chart exhibits a nice "W" bottom in Februray-March of this year and has since developed a nice stair-step advance with higher highs and higher lows. It stands today at 579.15, within striking distance of a new all time high. This is more then a "sector" index, it is a leading indicator for the health of the market. The S&P mid-cap 400 couldn't wait, it hit an all time new high on Friday. A

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