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To: Patrick Slevin who wrote (37130)	3/22/1998 1:24:00 AM
From: The Jedi	Read Replies (1) \| Respond to of 58727

But if I knew so much I'd be on the cover of Money magazine I hear ya. And if I knew so much I'd be the owner (of Money magazine) Kiri

To: Patrick Slevin who wrote (37130)	3/22/1998 9:51:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Hi Patrick, Actually it will be interesting to see how the NAZ reacts next week more than the DOW indexes. If the NAZ continues down or remains flat, then the NAZ's technicals are then becoming more in line with what my short-term technicals are saying. Let me explain further. In each of my CLASS 1 SELLS since JAN, each of them did work, but guess what the decline was so short and small that it was extremely hard to make any money on PUTs. But the key is that there was weakness and a dip when those CLASS 1 SELLS occured. For the DOW it was a big 50-100 points of the intraday highs, but they still occured. But for the last previous CLASS 1 SELL on the NAZ it did work ok with the NDX dropping from 1200 to 1130. On Friday was another CLASS 1 SELL which was to bought at the high on Friday and should start tomorrow or latest Friday afternoon. But it started Friday morning which is actually early. If you recall my PUT play in the past the indexes would react about a day late,but specifically with the NAZ its about a half day early now. I have been keeping a track of the reaction time of the indexes to my CLASS 1 SELL signals, since they did all work (just that the size of the dips were too small). Since this runup started the indexes were normally a day late to my signals, regardless of the size of the dip, but just now with the NAZ indexes they are basicly on time. I realise that many will say that my CLASS 1 SELLs failed since they did not produce the 200-300 point(substantial declines). But that is not true, since my signals are not price orientated by time orientated. I guess what I am saying is that as the indexes reacts with more timeliness to my signals, it is giving me that hint that the market is starting to react in a more normal manner, and that the dips should then start getting larger. Another key I am watching is the duration of a pullback. In the recent past, it was about a day or just intraday, and then bounced right back to the upside. On FEB 27 the NDX started its previous decline and it actually lasted 4 days. If the NAZ does not recover immediately on Monday and remains weak for another 2-3 days, such will give me the hint that the topping out process in the NAZ is still intact. The DOW is another story, but there is only so far that the DOW can go up futher without the help of the NAZ. According to my short-term technicals the DOW should dip, even if it is only intraday, tomorrow not Tuesday, then it will say that it is getting more timely. I have had may discussions with people who have had many more years experience than I do and they all have a tough time understanding my system since it is not based on price but on time. Therefore to really judge the accuracy of my system is to use time, regardless of the size of the move - it could only be a 50 point DOW move but it is still a move and will change the technicals I have programed. Based on the END-OF-MONTH rally, statiscally it lasts for 4-6 days, and normally starts on the last 1-2 days of the month and continues for 3-5 days into the next month. Last month it was a day early for the DOW. Therefore I feel that any rally will end at the end around April 3(FRI)-April 7(TUE). Hope, I was not confusing. Seeya