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To: donald sew who wrote (35132)	2/17/1998 10:53:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 58727

donald, FWIW, I think that IF Clinton goes ahead the initial reaction may be neutral to up on the DOW(Big Bill is a man!)...However, the backlash which will come from "elements" in the Arab world will further destabilize the Mid east. "It only takes a spark to get a fire going...", this will escalate and the implied uncertainty will surely not do the market any good. CNBC analysts who downplay the anticipated attacks impact on oil price may soon be showing their ignorance of Arab culture(then again, maybe I will>g<). IMO any attack will be easily entered into, not easily exited from. Are we out of Bosnia yet? Seems to me the deadline is now past and we may very well be there in the next millenium. PK

To: donald sew who wrote (35132)	2/17/1998 11:15:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

I do not have my data screens up right now, There is a minor software glitch where Globex fouls up my OHLC data reads. This shall be taken care of, I hope, when a Gateway I just ordered comes in. I will have a system that I may be able to develop a scheme so that I may be able to have the two machines "cross check" each other. Anyway, as I am doing this from memory, I believe it was during 1990 or 1991 when the last time a market (S&P futures) had a series of 15 daily upticks without a retracement through a 8 DMA. The decline shortly afterwards was brief but sharp as I recall (not that I was watching...I just remember a discussion I was involved in on the topic). Again I would have to refer to the data. As I recall, last Thursday was the 13th uptick to a new high, Friday it came back a bit, and then today (the 15th tick) went higher still than Thursday. I'm not saying a break is imminent, just that the last time this pattern occurred (7 or 8 years ago) there was a sudden break shortly after.