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To: Thomas G. Busillo who wrote (27711)	2/3/1998 8:47:00 PM
From: TREND1	Respond to of 53903

Tom You wrote <<Would you consider a new monthly high this early to necessarily confirm a trend, or is it just a good point for a quick pop on a day trade?>> Tom (1) HAL trades MU ! (2) But....and this is the first mention of SEG and WDC, I have taken long term positions in SEG and WDC when both hit MHH (Monthly Higher Highs) on Monday FEB 2, 1998 (3) Both SEG and WDC positions currently have losses, but the "stop loss" are still in tact. (4) Dram, Disk drives, Chip Equip Manuf, are all cycle type stocks. (5) That means they follow what I call the "Railroad Theory".. (6) Railroad Theory states stock price leads earnings. (7) So far the First Call Data vs Stock prices bear this out ! ..............so............................................ Here is the Unified Cycle Stock Theory (1) Buy on bad news and bad earnings...but stock makes MHH (2) Sell on god news and good earnings...but stock makes MLL ............................................................ Larry Dudash PS: I now post on SEG WDC QNTM BB's