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To: Nemer who wrote (49869)	8/14/1998 9:48:00 AM
From: Dom B.	Respond to of 58727

Good morning,Nemer...think the Darvon is still in effect? BBx got the Fri off? Hope not!!! Doesn't look good for my shorties at the open. May be a loooong (no pun) day. Oh well...

To: Nemer who wrote (49869)	8/14/1998 9:48:00 AM
From: Stoctrash	Read Replies (1) \| Respond to of 58727

OT... Finally got a message to the Blue Eyed Devil...and when he says he's from Jerseeey, he means it. A deep accent was left on my machine....he sounds tough, just like a spoo trader should be. He's in my neck of the woods and I might hook up with him for lunch. I'll let ya know if he has claws poking out the ends of his fingers too. <gg>

To: Nemer who wrote (49869)	8/14/1998 11:26:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

NEMER, The TICK is only in the positive 100-200 range, but the DOW is up in the 75 range. If the the tick was to move up dramatically, say to the positive 800-1000 range and the UP-MO remains same strength level we could have an explosive day to the upside. Please keep in mind that the the TICK-MOMENTUM can change on the dime and we could also see strong negativity, so at this time I am not yet predicting how we will close - not just yet Getting back to my STAIR-STEP THEORY, as long as we do not cross 8600 to the upside it is still intact. The DOW got as high as UP-94 so far; therefore today's high is still near the 8600 base. I though about this STAIR-STEP THEORY some more, and feel it is similar to TRIANGULATION in the sense that it should produce a surge in once it ends. Keep in mind that the surge could be in either direction, but at this time I feel the direction is down. What is not similar with TRIANGULATION is that the intraday swings are not reducing, but remaining very volitile which makes this pattern abnormal. So I am coming to a conclusion that this STAIR-STEP is actually TRIANGULATION. The focal point being 8600, which would equate to the APEX of a normal TRIANGLE. Please keep in mind that I only came up with this STAIR-STEP-THEORY a few days ago. Does this make any sense - would like to hear any comments.