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To: ViperChick Secret Agent 006.9 who wrote (30216)	12/4/1997 8:33:00 AM
From: j g cordes	Read Replies (1) \| Respond to of 58727

Oh boy... a "feel" vs. quantify argument. Isn't one person's yardstick another's one foot rule? Isn't any quantifying measure at best, only a partial and very limited measure? Therefore, isn't every quantifying measure simply a feel?

To: ViperChick Secret Agent 006.9 who wrote (30216)	12/4/1997 8:47:00 AM
From: donald sew	Respond to of 58727

INDEX UPDATE ----------------------- OSX - the SHORT-TERM technicals are now in the upper middle range and i calculated that if it moves up another 2-5 points today, it will be in the overbought range and I will be selling calls, so I can stay in for the longer run-up having Jan's calls and not Dec. My target before Jan expiration is for the OSX to be over 130. I am playing the Jan 100's (bought at 14.5). XOI - the CLASS 1 BUY is working and it turned yesterday. The buy-in day was Tuesday where it closed at 458. It closed yesterday at 463 and keep in mind that this is a much slower mover. SOX - if the SOX gets to 293 I will feel comfortable to say that my CLASS 1 BUY on the SOX worked. My CLASS 1 BUYS are normally good for the short-term pop of about 5%. Per earlier notes the buy-in price was 271-278 and the low yesterday for the SOX was 278. It closed around 288, so the SOX did turn. I got signals that 278 for the SOX was the bottom for the longer term, only time will tell. Please keep in mind that the SOX is the weakest index of the 30 index I follow. The Non-HiTechs in general are in the overbought region and the Hi-techs appeared to have just turned upwards from the close to the oversold range. As I indicated earlier, any pull-back now should be small and that I am leaning towards the position that the the Hi-Techs will now be starting to play catchup. Either the Non-HiTechs will pull the Hi-Techs up, or the the Non-HiTechs will dip/flat while the Hi-Techs move up. Happy trading all. Donald

To: ViperChick Secret Agent 006.9 who wrote (30216)	12/4/1997 9:27:00 AM
From: Kevin	Read Replies (2) \| Respond to of 58727

Good morning. Got a little busy with work this morning, so I'm a tad late getting my numbers out. Here they are: SPX--- 1003.88 989.23 983.00 piv:974.58 968.35 959.93 945.28 Break: 969.47 Extra point of resistance @ 988.11 Might make res #2 a tough one. SPZ7--- 1007.83 992.03 984.77 piv:976.23 968.97 960.43 944.63 Break:971.40 Talk to you later. Need some more coffee.