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To: Lucretius who wrote (66382)	10/5/1999 7:56:00 AM
From: donald sew	Read Replies (4) \| Respond to of 86076

Lucretius, Previously I had mentioned that it is very common that prior to an important announcement my SHORT-TERM TECHNICALS are normally in the mid-range, which I call the "FLIP-OF-THE-COIN TERRITORY". Where the news will set the direction. This is actually based on statistics per my specific system. However, this did not happen since the market ran up strong, and my SHORT-TERM TECHs are in the CLASS SELL territory. Subjectively it implies that the market may be overly optimistic that there will be not increase in rates or bias change. Since most feel that optimistic, based on yesterdays performance, we need to take caution since the market seldom goes the way most think it will. seeya