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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (18472)	6/13/1998 9:50:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 79308

Market... Doug: I moved all my Mutual Fund into Money Markets... The McClellan Summation Index is very near a multi year bottom... Either the market turns in the next three days or we make new lows... Jim

To: Doug R who wrote (18472)	6/15/1998 10:54:00 AM
From: ivan solotaroff	Read Replies (2) \| Respond to of 79308

AGP Doug, Indeed. Perfect feline behavior, but look at the gain so far! Then compare that with the risks associated with the BMC-type failures of the last month. It's a dark day for the cathouse. But not without daily excitement: PRRC and CFMT just need volume to signal today. KLIC gave a nigh-on unplayable signal with a double-bottom on Friday, followed by a gap-up only a day-trader could've exploited. It'll signal again, or my name's not Sam. VSNT giving a very enticing multi-day signal today for the truly degenerate. Because it opened above 5, it's one of those rare opportunities to double-down margin on a sub-$5 stock. Or you could just buy a firearm from your local hock-shop and eat the business end and get it over with quicker. ADPT is doing the APM thang. Sink, sink, sink with never a signal. (Though this one's an actual cat.) Could be sub-$10 before this whale surfaces with a blowout spout day. Hey, if APM did, this one WILL. IMNT continues to entice the unregenerate cat-fancier in me. The problem is that its success makes the play seem more like psuedo-science than I (used to?) think it is. In the face of all this ugliness, I've actually gone out and learned how to play options. Paper-trading the June 1100 puts (S&P). Up a $hitload so far. Now if they'll just let me use the gains at the Monopoly board, I'll be a Baltic to Broadway man. Hope all's well. Again, VERY glad to hear you're scaling back--mainly because word of it will undoubtedly save mucho 56 ass in the short run. Ivan PS: I can't find an ACT/IL on GTAX. If there is one, it must be close to the former, no?