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To: pater tenebrarum who wrote (65483)	9/30/1999 4:37:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to 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.

To: pater tenebrarum who wrote (65483)	9/30/1999 6:44:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 86076

cycle-smycle... Tues coincided w/ a bull high in confidence, thus they laughed at Ralphi's proclamation of doom (Joe K on CNBC laughed at him and called him a contrarian indicator if i recall correctly). Ever since Tues, the bulls have made attempts to turn it, and they have failed. all of this despite attempts at qtr end jamming. the bulls are now spent... time to kill 'em.... NAPM should break the bond in the morning and set the terminal wave in motion the goldshares successfully retested their gaps btw BWDIK? that could all change by tomorrow -g-