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To: HerbVic who wrote (15403)	7/14/1998 10:16:00 PM
From: Jon Tara	Respond to of 213182

Figures, Herb. I looked at a chart of the OEX last night, and concluded that it was going to head down big-time, having hit the top of a long-term Raff regression channel. I haven't downloaded data for today yet, but I suspect it broke through the top of the channel. This could protend EITHER a major move to the upside, or a reversal. If it goes to the upside, I think we could see a major blowoff top - but these can take several months to put in, so we could be in for some excitement! In any case, I'm done predicting for a while and am just sitting on my hands, which I observe is probably the trading style that is most profitable for most investors. :)