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To: Esteban who wrote (32146)	12/31/1997 1:15:00 PM
From: donald sew	Respond to of 58727

Esteban, Keep in mind that the strategy of buying when they aapproaach overbought is workable in an overall up market, I dont mean short-term but longer term uptrend. Right now we aare in a traading raange market not a full fledged up market, so subjectively the risks increases, not to say that it wont work. I do feel thaat with todays flatness and the relative strength in the HiTech sector that the possibility of further up movement in the next week is good, and there may also be a pop in a few of the sectors, possible the SOX and IIX. Seeya