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To: Jerry Olson who wrote (30460)	12/5/1997 2:24:00 PM
From: Esteban	Respond to of 58727

Jerry, There's a bearish engulfing pattern developing on the 90 minute SPY again this afternoon. It will not be complete until 15:00, so it hasn't happened yet. This morning's violent gyrations made the candlestick patterns somewhat suspect, but I'm watching carefully now. Sorry I didn't get back to you about TRIX. I feel I've got too many things I'm watching as it is, some of them new. Maybe someone else will pick up the ball and run with it. Or check back in a few weeks and I'll tackle it then. Esteban

To: Jerry Olson who wrote (30460)	12/5/1997 3:05:00 PM
From: John Sikora	Read Replies (1) \| Respond to of 58727

jerry, I could tell from your message what you really meant was buy... :) Don't forget to breath deep guy... johnny

To: Jerry Olson who wrote (30460)	12/5/1997 3:07:00 PM
From: Esteban	Read Replies (1) \| Respond to of 58727

Jerry, The 90 minute candlestick period just closed without completing the pattern. Instead we got a spinning top that is close to a hanging man which shows indecision. Big revelation, huh. The next period will complete after the close, so all bets are off for today based on intraday 90 min candlesticks. Esteban