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To: donald sew who wrote (37579)	3/27/1998 10:20:00 AM
From: Patrick Slevin	Respond to of 58727

Two things; The DJIA seems to have, at least for the time being, de-coupled from action in the futures. It does not trade lock step as it used to not so long ago. Secondly, because the spoos trade 15 minutes past the NYSE, the futures actually were almost a full point lower on the close than they were when the NYSE closed. So a 7 point jump is really 6. A third point, I might add, is "was everything on the DJIA trading"? I don't know, I did not pay attention. Interesting stuff, these Fib Price Levels. The 5 pivots are 1118.90, 1116.00, 1115.10, 1114.20 and 1111.25....on the futures of course. Bounced a few times off 1116.00, then once off 1115.10, now off 1116.00 again. The Time Ruler is harder to use, for me. I picked yesterday's high as a basis point and got one "Turn Time", then tried yesterday's late low at 4 ET and the "Turn" was supposed to be the open; which obviously was a major turn. You are correct about the last hour, I'm sure. I think it will be a humdinger one way or the other. Hmm....the second Fib pivot (1115.10) was just hit and pierced this time.