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To: Robert Graham who wrote (9016)	5/28/1998 6:33:00 PM
From: Chris	Respond to of 42787

[ mkt stats and figures] CSS II: Analysis of S&P 500 INDEX (.SPX) Reviewed on 5/28/98 ************************** High: 1,099.730 Low: 1,089.060 Close: 1,097.590 Change: 5.360 (0.4907%) Volume Today: 0 shares. On 5/28/98, S&P 500 INDEX closed up 5.3600 at 1,097.5900 on volume 0.00% below average. ************************ Summary: Moving Averages S&P 500 INDEX closed at: 1,097.590 The close is currently Below its 5 period exponential moving average (1,100.2954). The close is currently Below its 9 period exponential moving average (1,103.7218). The close is currently Below its 21 period exponential moving average (1,106.6639). The close is currently Above its 50 period exponential moving average(1,096.4550). The close is currently Above its 200 period exponential moving average (1,009.1273). ************************ Candlesticks (Automatically done by Metastock. Accuracy Unverified) A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 25 white candles and 25 black candles. CSS II: Analysis of NASDAQ COMP (.IXIC) Reviewed on 5/28/98 ************************ High: 1,796.730 Low: 1,775.430 Close: 1,794.620 Change: 13.520 (0.7591%) Volume Today: 0 shares. On 5/28/98, NASDAQ COMP closed up 13.5200 at 1,794.6200 on volume 0.00% below average. ************************ Summary: Moving Averages NASDAQ COMP closed at: 1,794.620 The close is currently Below its 5 period exponential moving average (1,798.1979). The close is currently Below its 9 period exponential moving average (1,810.8214). The close is currently Below its 21 period exponential moving average (1,829.2244). The close is currently Below its 50 period exponential moving average(1,819.0387). The close is currently Above its 200 period exponential moving average (1,684.6818). ************************ Candlesticks (Automatically done by Metastock. Accuracy Unverified) A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 27 white candles and 23 black candles for a net of 4 white candles. CSS II: Analysis of DJ INDUSTRIAL IDX (.DJI) Reviewed on 5/28/98 ************************ High: 8,993.120 Low: 8,900.700 Close: 8,970.200 Change: 33.630 (0.3763%) Volume Today: 0 shares. On 5/28/98, DJ INDUSTRIAL IDX closed up 33.6299 at 8,970.2002 on volume 0.00% below average. ************************ Summary: Moving Averages DJ INDUSTRIAL IDX closed at: 8,970.200 The close is currently Below its 5 period exponential moving average (9,005.8486). The close is currently Below its 9 period exponential moving average (9,037.8906). The close is currently Below its 21 period exponential moving average (9,056.7002). The close is currently Above its 50 period exponential moving average(8,948.1523). The close is currently Above its 200 period exponential moving average (8,297.6465). ************************** Candlesticks (Automatically done by Metastock. Accuracy Unverified) A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 25 white candles and 25 black candles. An engulfing bullish line occurred (where a white candle's real body completely contains the previous black candle's real body). The engulfing bullish pattern is bullish during a downtrend (which appears to be the case with DJ INDUSTRIAL IDX). It then signifies that the momentum may be shifting from the bears to the bulls. If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body.

To: Robert Graham who wrote (9016)	5/28/1998 6:39:00 PM
From: Chris	Read Replies (2) \| Respond to of 42787

so far my picks (defensive right now) are ge and hd.. will look through some others.

To: Robert Graham who wrote (9016)	5/29/1998 2:32:00 AM
From: Nancy	Read Replies (1) \| Respond to of 42787

<<I see DELL as a "third tier" type of stock. It is relatively new on the radar screens of the investment community and it is a popular sentiment driven stock. Even though it can be considered a leader in its category of box makers,>> You must be joking to label DELL being a "third tier" type of stock. please look at DELL's long term chart from its IPO in 89 till now - and compare it with CPQ, HWP, INTC, - the only charts that can look as nice as DELL's are MSFT & CSCO (which has some bad spots here and there). Sure DELL is very much a momemtum play ever since it shot straight up since aug of 1996 but it is not new to the investment community.