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To: Nancy who wrote (32828)	1/11/1998 11:16:00 PM
From: donald sew	Respond to of 58727

Nancy, The HSI is fluctuating so fast. The key is that it needs to close near 8214 or above for the reversal signal. So far it actually got as low as 7928 so far. We need Japan (N225) to close at 14877 range or higher to confirm the reversal signal of Friday. 14877 will still be down from the previous day's close, but it will be flat and a DRAGONFLY DOJI if it closes at 14877 (another reversal signal). If HK closes at 8214 of above, I will seriously consider buying calls on it, especially if our market moves down.