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To: PMG who wrote (34485)	10/31/2000 8:45:20 PM
From: donald sew	Read Replies (3) \| Respond to of 42787

PMG, As mentioned previously, my short-term technicals on the DOW are now a NEGATED CLASS 1 SELL signal, which means that it was a technical breakout and that my short-term technicals are now useless, for the DOW. However our DIVERGENCE INDICATOR is still calling for a negative divergence for the DOW. We first got the negative divergence 2 days ago and mentioned that it should reverse within 2 days. It seems that is due soon. In light of the 3-WHITE SOLDIERs, Im not expecting a strong selloff for this specific short-term downswing, unless some really bad news hits the market. seeya

To: PMG who wrote (34485)	10/31/2000 11:27:15 PM
From: Dan Duchardt	Read Replies (1) \| Respond to of 42787

PMG, ps GZ says there is a completed 5/7 buy wiggle on the NDX as of this close... Can you tell us what the 5/7 means. I would assume days based on my previous contact with "wiggles", but I sure don't see a 5 or 7 day count completing one. There is a very clear completion on NDX/COMPX for the last 4 days, but I'm not sure a 4-day is acceptable. Looks fairly optimistic for a 5-day completion though; just need to close tomorrow above Thursday's close: Day 1 = Thursday (reversal day) Day 2 = Friday (higher high and higher low than day-1) Day 3 = Mon + Tues (+ Wed???) (took out day-2 low, closed above day-1 close and day-3 open) Of course, anything can still happen tomorrow, so if it has to be 5 days it could still fail. Dan