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To: George Mc Geary who wrote (35683)	2/27/1998 1:41:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

the spx is REALLY weak in relation to the DOW what does this portend for you TA gurus????

To: George Mc Geary who wrote (35683)	2/27/1998 1:43:00 PM
From: Nemer	Respond to of 58727

George: ---->would assume it will stay in that range for the next 2 hours or so. that might be a tad bit long a time restraint I'm looking for some movement, (that's me, not the big box telling me...gg) before then. If it were to stay bottled up in a highly restricted trading range, as less than one point movement, it will boil up and over and go in some direction. Lisa and I have corresponded and noted many times in the past, that the tight restricting trading range causes violent movement. Ike, yesterday, used the term "coiling" and that's approximately the same phenom. At any rate, I concur with your statement that the SPX is weaker than the DOW and as that is 500 stocks as opposed to 30, the rally isn't as broad based as it needs to be to continue. I'm still looking for the short term market top to be either today or Monday. Looks as if right now we're blowing through my 1050 points with ease as SPX is currently 1049.xx . as it fell two full points in less than ten minutes.....so much for me......ggg Regards---Nemer