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To: Winer who wrote (1583)	4/17/1998 2:48:00 AM
From: John Paquet	Respond to of 2505

Winer,Isn't it a closed call that open gap indicator???I agree with 100% it was too early to call it bullish in the early morning which is naturally against that Dow theory "Only closed prices that counted."" But you know when you apply everything, you need some discerned eyes to see something through, like "GOOD WILL HUNTING SEES THROUGH THAT PAINTING IN THE WALL." you see. Why I didn't wait until market closed to prove the pattern because I was so sure that what is going to happen. Your post #1583 at1:37 pm and post#1588 at #1.55pm, CWA was wondering @.19,.20 and .21 areas didn't she?? until you realized by 1:55pm that she's going to make it, right???? very interesting and exciting isn't it???? from 1.55pm to 1.37pm market took about 15 minutes to do the thinking. The reasons that I feel CWA so bullish are: [of course, technically;] 1. As I said CWA has formed a very important pattern that is d3>d2>d1 support trend line slopes increase, it indicated CWA is anytime ready to enter a breakaway gap or any breakout up trend pattern, this does imply that CWA has picked up bullish momentum. That d3>d2>d1 pattern is the most powerful indicator you see. 2. Also, I mentioned that DML and CWA or other SVB stocks have just ended their retracement mode, and entered BULL mode. details see my previous postings. In any time BULL mode there is only one way to go UP! UP!!! Both DML and CWA proved that they are in the BULL mode with significant strength today as Dow theory says " ONLY THAT CLOSED PRICES COUNTED'., and this bull mode could last for at least three weeks,or more DRILLINGS AND EASSAYS STUFF ETC....... sound very bullish isn't it????.. Interestingly to note that a couple weeks LAY puppy had a gap up open @.30 but ended it with -4 @.23 right after the day re-opened the trading, you can compare their entire different situations you see. After LAY closed the gap, a up-side-down climbing bowels pattern, LAY recent down to .15 the low. Maybe that NR in SAF not in SVB, right??? Ed, took that puppy out of SVB index with nobody objections, you see.