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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.39

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Nov 28 4:00 PM EST

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To: Johnny Canuck who wrote (16414)	7/30/1998 12:48:00 PM
From: Lachesis Atropos	Read Replies (3) of 68474

Harry They are using the number of stocks two standard deviations above their 200 day moving average as the measure health of the market I seem to recall, but perhaps my memory is failing, that you posted something about the S&P500 being 2 SDs above 200 day ma. Looks like it was a good portent given the correction we are going through right now. Still rebuilding my database. It is a lot more work than I really wanted to do. It is shaping up and should be stable enough to use shortly. I hear the weather has been great in BC. Have you been up to Lynn (sp) Valley -- its great for hot weather! I'll be in BC in a few weeks, Kootenay Lake area. Hope the weather holds out. I am stilling playing short side. ENML has been a wind fall so far and just entered a short on WCAP this morning. WCOM, MCI merger should be complete before Labour Day. I four states California, Montana .. have a ruling body that equals the FCC at the state level. These states have to approve the deal which may delay the Labour Day merger date. Lachesis

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