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To: donald sew who wrote (49261)	8/4/1998 9:02:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (4) \| Respond to of 58727

Hey Don Honey Sweetie Pie did your MOMO indicators do anything today you dont need to post the stats since we are after the fact..just tell me if it called some of the swings... Fred..next time you post something from Lim it helps to post the date on it... FLASH Geraldo Rivera on CNBC .....source says TEST POSITIVE ON DRESS for human genetic material and being sent to second lab now they need to compare to Presidents DNA New York times should be confirming or nonconfirming info in next 45 minutes time to start reading Matt Drudge &&^%$^& I need a rally before they confirm his DNA ----------- for those still ignoring P&F +P&F-Madness (5307 ) From: +Diana Jones Tuesday, Aug 4 1998 9:07PM ET Reply # of 5378 Jan's post from yesterday: The DJIA will break a double bottom at 8800 (Did it do that today?) Next support at 8700 and 8600. 8500 is yuckie poo poo because after that the BSL is only a bump and scrape away at 8250 - and after that, support is way down at 7650. The SPX has just given the second sell signal and next support way down at 1075. The NASD gave a sell signal after a lower top and has reversed back up. Support at 1880 with 1870 breaking that support. After that, next support is way down at 1720. Jan, You and P&F are simply amazing. Loud applause from a neophyte P&Fer to you and all the thread contributors. I have lurked and learned so much from all of you. My all cash position is due in no small part to this wonderful thread. Many thanks, Diana

To: donald sew who wrote (49261)	8/4/1998 9:10:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

Well, Don, if you recall my basic work is picking exact times for intraday turns so I understand your point of view. However, the broad market, to me, is in such flux that timing it is improbable. I would wager, that most of your work has never had to deal with a market that has had a a 130 point SPX selloff in, what, 2 weeks? This is off the top of my head as I have not tried to plot anything since last week. It's "the old rules have changed" game. Except, the other way. Now, perhaps, Bull markets are allowed to play out for 2 days instead of the other way around. Anyway. A straight decline is bullish to my way of thinking. You need a serious rally then a decline. A straight shot down will be met by serious money to drag it back up. This is just my opinion. EDIT BTW. What happened to the Elliot Wave guys?

To: donald sew who wrote (49261)	8/4/1998 9:52:00 PM
From: HairBall	Respond to of 58727

Don: I totally agree with you about tomorrow! Regards, LG

To: donald sew who wrote (49261)	8/4/1998 11:18:00 PM
From: Dwight E. Karlsen	Respond to of 58727

Hi everybody, are we having fun yet? RFLOL...mutual fund managers to John and Jane Q. Public individual investor: "excuse me while I relieve you of your money. It won't hurt but for a minute. there.........now that wasn't so bad now, was it"? I think I'm very happy my taxable account was is in money market since cashing in my MSH put option last Thursday. Being positioned to stay in the game is the key during these kinds of drops. Since I can't watch the market during the day, I have to be verrrrrrrry careful, but it looks like I made it! Gotta love that! When the market last did this number back in late Oct 1997, I was holding $6K worth of call (yes, call) options. Looks like I learned something. Greetings all, hope everyone survived.