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To: Nemer who wrote (9850)	12/1/1997 8:08:00 AM
From: Robert F. Newton	Respond to of 17305

The Nikkei breaks 17000................. North/Latin America Value Net Chg Pct Chg Date INDU DOW JONES INDUS. AVG 7823.13 +28.35 +.36 11/28 SPX S&P 500 INDEX 955.40 +3.76 +.40 11/28 CCMP NASDAQ COMB COMPOSITE IX 1600.55 +6.05 +.38 11/28 TS300 TSE 300 Index 6512.78 +62.82 +.97 11/28 MEXBOL MEXICO BOLSA INDEX 4974.57 +17.49 +.35 11/28 Europe/Africa Value Net Chg Pct Chg Date UKX FT-SE 100 Index 4881.30 +49.50 +1.03 7:11 CAC CAC 40 INDEX 2900.57 +41.38 +1.45 7:31 DAX DAX INDEX 4062.66 +113.52 +2.88 7:31 IBEX IBEX 35 INDEX 7032.61 +100.51 +1.45 7:11 MIB30 MILAN MIB30 INDEX 22917.00 +173.00 +.76 11/28 BEL20 BEL20 INDEX 2435.35 +42.55 +1.78 7:10 AEX AMSTERDAM EXCHANGES INDX 903.13 +21.41 +2.43 7:31 SMI SWISS MARKET INDEX 5872.10 +96.20 +1.67 7:31 Asia/Pacific Value Net Chg Pct Chg Date NKY NIKKEI 225 INDEX 17007.59 +371.33 +2.23 1:03 HSI HANG SENG STOCK INDEX 10750.88 +223.96 +2.13 3:02 AS30 ASX ALL ORDINARIES INDX 2513.40 +48.30 +1.96 0:05 STI SING: STRAITS TIMES INDU 1694.19 +33.60 +2.02 4:00

To: Nemer who wrote (9850)	12/1/1997 5:02:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 17305

I see you fellows on Tech Options appear to use pivots. My pivots for Wednesday...if I were to use pivots....would suggest R2=993.10 R1=986.40 Pivot=973.10 S1=966.40 S2=953.10 ....for the SP7Z. With moves such as today's I generally don't pay much attention to pivots.....but I thought I'd return the favor for the OEX points. If pivots are not what you use they are relatively simple...this is from the basic one, (H+L+C) / 3 = PIVOT POINT (2 x P) - L = RESISTANCE 1 (2 x P) - H = SUPPORT 1 (P - S1) + R1 = RESISTANCE 2 P - (R1-S1) = SUPPORT 2 EDIT Just looking at something done by a fellow named Clyde Lee, a neighbor of yours from Houston....His "Swing Machine" (swing theory) looks for a pullback shortly after the open Tuesday. Talk about information overload.