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To: George Mc Geary who wrote (48321)	7/23/1998 2:51:00 PM
From: Nemer	Read Replies (1) \| Respond to of 58727

George: ----> 1150 with 1146 hit ---are you looking for a closing basis, only? both intra day and close ---- as more and more folks use TA, and the "exact" numbers have wide circulation and usage, some stretch factor must come into play for those of us who trade on strict numbers ........... to my feeble intellect, the difference between 1149.50 and 1150.50 and 1150, will be of no impact ......... but this market, on all fronts, seems to want to dive ------ My time based (non dependable from my accuracy standpoint) is still holding to today and/or Fri to be the establishment of a firm bottom and the start of an upward move ...... looks grim for that type of outlook, no ? but we are operating very much in the vicinity of my stops on OEX 564 and SPX 1148 ---- bot at 558 and 1113---- Regards ---- Nemer