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To: Lazlo Pierce who wrote (7416)	1/9/1998 4:37:00 PM
From: Thean	Read Replies (1) \| Respond to of 95453

S&P future will change comes Monday morning so where it trades now bears no consequences. Some rule of thumbs here for bargain hunting. 1) Never buy at the open 2) Consider a buy stop at a price higher than previous day's range. 3) Never chase a falling knife (the knife is still falling) 4) Use intraday lower BB vialation as guidance. Today is an exception (the other exception occured on Grey Monday). 5) Set your holding period or future scenario before you buy. Once the holding period is up or scenario violated, get out. 6) Never buy all with cash at hand, spread it around. OK to average up till trend turns. Good luck to all. ps: Valuation is also getting rediculous. techstocks.com