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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: bruce-l who wrote (37241)	10/4/2000 2:13:40 AM
From: Doug R	Read Replies (2) \| Respond to of 79378

Bruce, uh oh. Milesov also noted some neg knees today. It appears that the relative worth of corporate America may be seriously called into question any day. Until the breakdowns you've noted actually get verified, do nothing. IMO Doug R PS...As the technical picture has directed my trading, I find myself net short lately...even though I am still "conceptually" bullish. Scary

To: bruce-l who wrote (37241)	10/4/2000 8:46:47 PM
From: bruce-l	Read Replies (1) \| Respond to of 79378

3drsi/indrsi Ratio 3drsi in3drsi RATIO pre3drsi prein3drsi hits hits hits hits Last Mon 88 71 1.24 5 45 Last Tues 83 83 1.00 1 49 Last Wed 76 102 0.74 4 47 Last Thur 59 133 0.44 4 19 Last Fri 54 133 0.41 6 15 Monday 46 140 0.33 10 15 Tuesday 47 144 0.33 3 17 Wednesday 34 145 0.23 6 22 Thursday SP500 Ratio Last Mon 21 8 2.62 1 9 Last Tues 22 10 2.20 0 11 Last Wed 22 14 1.57 0 10 Last Thur 19 20 0.95 0 4 Last Fri 17 22 0.77 0 2 Monday 9 22 0.41 2 3 Tuesday 10 23 0.43 1 1 Wednesday 9 23 0.39 1 0 Thursday Todays Autotricks. ACI ASKJ FILE GTHR HNZ KEM NFS OG OKE TRP VPHM ZDZ ZQK bruce

To: bruce-l who wrote (37241)	10/5/2000 3:47:15 AM
From: Doug R	Read Replies (1) \| Respond to of 79378

Bruce, Re the ugliness in the 610 dCCI: The DELL warning is double edged. It may be the final nail...OR...it may be the last of the big boys to offer up negative news. The possibility of a total breakdown is also the possibilty that extreme support may hold. Until breakdown verification is seen...I'm still conceptually bullish...although practicality has dictated a net short stance that relies on the IL violation approach. Stay seated...but realize that MSFT has crashed below its ACT although QCOM is behaving properly in relation to its IL/ACT/RR. The inflection point is definitely at hand. There's lots of chart evidence out there this year that supports the viability of astute, short-term trading over that of long-term buy and hold. No matter which way the market is going, trading on the technicals that flash significant % moves will outperform...IMO Doug R