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To: ViperChick Secret Agent 006.9 who wrote (48469)	7/26/1998 6:35:00 PM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 58727

what does "parabolic sell" mean vs. say a regular sell? Are there probabilities attached to both terms? Just looking at the charts it's apparent we had a parabolic "blow-off" move up in the SPX, MSH, probably NDX also; now it's time to pay, since those levels weren't realistically sustainable across the board. BTW, nice pick with LU from $80 to $100..hope you made a bundle. You offered the pick to me but I turned it down, so what can I say...have you seen Nokia (NOKA) lately? Up 9 on Friday. That was my #1 pick last year, but in the Oct 97 thru Jan 98 carnage I lost confidence in the stock..very volatile, along with idiotic ANALyst's trying to pretend to be stock analysts.

To: ViperChick Secret Agent 006.9 who wrote (48469)	7/27/1998 12:37:00 AM
From: Electric	Read Replies (2) \| Respond to of 58727

just stay nimble and dont get locked into one train of thought...I know you are a DELL HEAD..but at least be a nimble Dell Head... As for being a DELL head, I would not say so... back last fall, I was an INTC dude.. I am a believer in any stock that trades strongly in both directions and has market share, and kicks earnings.. I would say that WMT, KO, LU, MSFT fit that group for the most part.. I like to follow splitters too.. like LUV... And did Chris ever say that it was the NAZ in large, or did he say the NAZ 100? Very different to me.. And to be honest, last time everyone freaked on DELL dropping, I got out.. I lost out too.. I am sticking it out, until somthing comes from the company or I see the market freaking.. Not spitting in the wind.. just sitting in my raincoat fighting the wind.. And the CSS sells/buys have been very accurate, but not perfect.. Again, if he had that sell after earnings, I would be flying out of my position.. But from all the press I have seen, and I try to catch as much as I can, DELL hasnt changed anything, its margins seem intact, it is gaining market share, and the Co is confident with estimates. That plus the entire state of TX loves Mikey.. The second DELL lowers estimates, or states forward looks arent as good, I will join you in the clubhouse.. Stubborn huh? :}

To: ViperChick Secret Agent 006.9 who wrote (48469)	7/27/1998 8:29:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Lisa, >>>>Fred and Chris have parabolic sells on the NAZ ( I am not exactly sure where Don is on this..I have to analyze his posts I have printed out...I cant take Don unless I print it out and sit down and think about it ;-)))<<<<< For the bigger picture I have definitely gone negative for this market. As for this week I had a CLASS 1 BUY to the upside on FRIDAY and intraday the DOW popped about 100 points to the upside. My CLASS 1 BUYs are only good for the initial pop and in the past since JAN the initial pop would be good for alot more than just 100 points. As I stated over the weekend, MON and TUE are key days since if the market does not continue up or at least remain flat, I will interpret that as the market getting alot weaker and that the decline will be greater for the bigger picture. That does not mean that it will head straight down right now to the 8600 range which is the first major support area. I made the comparison, in reverse, to the JAN-MAR period when I received CLASS 1 SELLS and the market still dipped, but the dip was only 50-150 points and in some cases was only intraday and the market still continued up hard. If Friday's intraday bounce of 100 points is all we are going to get from this CLASS 1 BUY, then I will consider it as a hint that the trend has changed from a RANGE TRADING TREND to a DOWNTREND, and I dont mean a short/mid-term downtrend but something quite major where we could head back into the 7000's or even lower. If you recall, a few months ago I had mentioned the possibility of 7700-7800 range. Please also keep in mind that even though we had moved up I still considered that we were not in an UPTREND but in an RANGE TRADING TREND. Going back to MARCH I indicated the trading range of 8750-9300 then amended it to 8600-9400/9500 on the basis that the trading range was just getting larger. So if we do not continue to move up or remain flat today and tomorrow, such action would give an early warning/confirmation that the trend is changing from a TRADING RANGE TREND to a DOWNTREND that the DOW should go lower than 8600 range. Getting back to this week, I felt that per my CLASS 1 BUY and my TICK ANALYSIS on FRIDAY the DOW should move up this week and should regain 50-60% of last weeks lost and then the actual top to arrive during the 4 day period of July 30 - AUG 4, then down. To further explain, lets say that the DOW drops more than 50-75 points but then pops strong after TUE but does not set new highs,then the technical hint of a DOWNTREND(lower lows) is still intact. I hope I explained my position clearly. Right now the futures are down significantly, so to start this week it doesnt look good for long positions. Seeya