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To: Patrick Slevin who wrote (37668)	3/28/1998 9:32:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Patrick, Talking candlesticks, on the weekly charts for the DOW and OEX we got BEARISH HARAMI CROSS, which is good reversal signal. The market has been throwing the candlesticks off, along with my other technicals, but it appears that some normality is returning. The DOW indexes are in the lower mid-range approaching oversold, per my short-term technicals, so the bias is still to the downside. At the same time the NAZ indexes are the opposite, still in/near overbought range. Seeya

To: Patrick Slevin who wrote (37668)	3/28/1998 10:11:00 AM
From: donald sew	Respond to of 58727

INDEX UPDATE ------------------------- If looking for a pullback, keep in mind that Friday's close is already about 160 points off WED's intraday highs of 8959, which is already a 1.8% decline. I am only looking for a 2.5%-5% decline. Granted the SPX,OEX,NAZ have not pulled back with any substance, yet. Seeya.