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To: Robert Graham who wrote (8049)	4/30/1998 1:09:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

from briefing.com Brief: Yesterday we noted that Hewlett-Packard (HWP) had held up relatively well during the early week retreat, especially in light of Friday's 8 point surge... At first sign that market tone had improved, so did HWP... Stock shot ahead 2 11/16 to 75... Though we contend that company has run ahead of its fundamentals, short-term stock could climb another 5 points on bullish momentum and relative strength... At these levels, we would be looking to secure profits as long-term outlook clouded by increasingly competitive landscape in both its PC and printer businesses... and 3Com (COMS)... Latter company, recently labelled by Briefing as a "safe haven" due to its limited downside risk, jumped 1 1/16 on positive comments made at the Hambrecht & Quist conference... Company noted that its sales channel inventory (source of its earlier problems) was excellent and that operating margins will improve to 16%-20%... Expects expenses to be flat to lower in coming quarters... Could be just the "positive" surprise necessary to jump start industry and market laggard... Stock needs to break above 38 on solid volume... If it does, look for a near-term test of the mid-40s.

To: Robert Graham who wrote (8049)	4/30/1998 9:58:00 AM
From: Chris	Respond to of 42787

EMC doing really well. pfe got downgraded.

To: Robert Graham who wrote (8049)	4/30/1998 11:23:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

did you see TXN chart? beauty. emc chart.. beauty.. anyways,, im very very suprised to see the naz, djia and sp500 all above there 9 day emas!! jesus.. i didn't expect us to finish the correction so fast.. i would be more worried that we finished the retracement so fast. i was more expecting a 3-6 week basing period before another uptrend leg. any thoughts? my view for the rest of this and next week will be basing. i wouldn't be surprised to see another retouch of 21 or 50 day ema even..

To: Robert Graham who wrote (8049)	5/11/1998 7:26:00 PM
From: Chris	Read Replies (2) \| Respond to of 42787

[Market Index Update -DJIA] note: the candlestick analysis is done automatically by metastock. i am not good enough in candlesticks to verify its accuracy. note: i do not have volume data on the mkt indexes. ==================== My thoughts: This index was the strongest today, partly due to the merger news. This strength is not only seen in the closing change but also the position in relation to the moving averages.. still above all crucial moving average supports. Thus, i would not base mkt conditions/outlook using this index since it is skewed on the positive. ==================== CSS II: Analysis of DJ INDUSTRIAL IDX (.DJI) Reviewed on 5/11/98 ************************** High: 9,189.670 Low: 9,055.400 Close: 9,091.520 Change: 36.369 (0.4016%) Volume Today: 0 shares. On 5/11/98, DJ INDUSTRIAL IDX closed up 36.3691 at 9,091.5195 on volume 0.00% below average. ************************ Summary: Moving Averages DJ INDUSTRIAL IDX closed at: 9,091.520 The close is currently Above its 5 period moving average (9,067.8311). The close is currently Above its 9 period exponential moving average (9,067.9248). The close is currently Above its 21 period exponential moving average (9,041.3975). The close is currently Above its 50period exponential moving average(8,868.8018). The close is currently Above its 200 period exponential moving average (8,197.3828). ************************** Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 27 white candles and 23 black candles for a net of 4 white candles. A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).