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To: ViperChick Secret Agent 006.9 who wrote (50747)	8/25/1998 11:24:00 PM
From: coug	Read Replies (1) \| Respond to of 58727

I might see a little up first, then some more down.. but I I change my mind more often than I change my shorts.. But it is never that easy for me.. everything says down but I have to temper my feelings. I will see where this ride takes me.. I read the discussion about OT posts.. I'm not going do it, although I guess my following comments are,If you are not with the flow of the OT subject, it takes too much emotional energy from my trading and that is my primary purpose of these threads.. I would rather have my other discussions over a good glass of merlot face to face in the bask of beautiful late summer sunsets.. Good luck my friends..

To: ViperChick Secret Agent 006.9 who wrote (50747)	8/26/1998 7:03:00 AM
From: donald sew	Read Replies (2) \| Respond to of 58727

INDEX UPDATE ------------------------- Earlier this morning the futures were down 1-3 points, but after 6:00 they started falling, and now down around 10. I was hoping for a flat day, to add onto my position, but it looks like it could be fairly negative. Unless the market drops alot today, we may be in a set-up for a very strong negative day on Thursday. I realise that the futures can be misleading, however I am sensing that 8300 support range may not hold. 8300 not holding implies, per my technicals that the probability of the DOW breaking of 8000 to the downside is increasing. If I am correct, we should be down for the next 2-3 days, with a possible break of 8300 support range, then next MON/TUE/WED we should have some sideways action with only a very slight bias to the upside. Then the nastiness to the downside to resume next WED/THUR, which could be the beginning of the really big dump. If we retest or break(more likely) the 8300 support this week, and cannot rebound more than 200 points next MON/TUE/WED, then that would be one strong hint that the next downswing could be extremely large and should break 8000 to the downside. Even if I am wrong, this is not the time to go long. Seeya