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To: smolejv@gmx.net who wrote (3454)	8/15/1998 4:28:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

DJ; RE:" EuroWEBS " EuroWEBS performance since 06-AUG : EWI Italy -2.14% EWQ France -2.51% EWK Belgium -3.29% EWL Switzerland -3.89% EWG Germany -4.28% EWN Netherlands -4.81% EWP Spain -4.87% EWO Austria -5.45% EWD Sweden -6.80% Another 'Symmetrical Triangle' is on your daily DAI chart. It's huge, really - top is ~112 from the beginning of May; bottom is ~92 from middle of June; and the apex is ~101, converging in between two fibonacci lines at ~97 and ~104 right now. The 'coil' is about 80% wound. SAP is, of course, moving with the DAX (moreso than DAI, which is actually in a short-term UpTrend since June; flight to quality?) and unfortunately, my chart does not have pre-ADR data on it, so I have but 10 observations. I do, however have old charts for SAPHY and can transpose some of the levels. There is an important support now resistance for SAP at ~54; probably roughly translates to that ~5500 level on the DAX, I dunno. Right now my accumulation pattern for SAP is set at 1x48.5/2x44.75/ -Steve