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To: ratan lal who wrote (50949)	8/27/1998 7:43:00 PM
From: Nemer	Read Replies (2) \| Respond to of 58727

Ratan: I don't have time to spend in a debate ...... you have the right to your opinion but damg it please go to somewhere handy and see if you can't obtain some instruction on TACT I just sent a pm to Alan and after posting it, I decided to post to you out in the open ..... you said =====> I think you are kidding yourself if you think that you can use $PREM to time the market. This is BIG BOY territory. podner ....... that is a RUDE comment ..... and whether you like it or not .... it is still RUDE ...... in my opinion ....... I won't be around to debate it ..... and I'm sorry to just plain ol post it out in the open ........ tell you what ----- be rude to me .... I can stand it ... be rude to Lisa ..... she'll jump your a** be rude to a whole bunch more ...... but PLEASE don't be rude to a new poster ..... and if you didn't mean to be rude I'm sorry for bringing it up, but I don't have time to sort it out in email and private messages ....... and that's all I have to say about that .... Regards ---Nemer

To: ratan lal who wrote (50949)	8/27/1998 7:51:00 PM
From: SE	Respond to of 58727

Actually, I disagree with you and believe the PREM can be an excellent source of information for market turns. Maybe I am misunderstanding something in yours or Alan's post, but I use the PREM frequently when making my buy and sell decisions.

To: ratan lal who wrote (50949)	8/27/1998 8:16:00 PM
From: Dell-icious	Read Replies (2) \| Respond to of 58727

Sorry for the naive question, but what exactly is $PREM? Thanks, Dell-icious

To: ratan lal who wrote (50949)	8/28/1998 2:15:00 AM
From: AlanH	Read Replies (1) \| Respond to of 58727

Ratan, I was just trying to connect an inquiry with that which I've attempted to understand. If you find the pursuit of $PREM to be inane, that's fine. Why did you address me? Regards, Alan

To: ratan lal who wrote (50949)	8/28/1998 4:17:00 AM
From: Electric	Read Replies (1) \| Respond to of 58727

Actually I have to side with Scott on this one.. Just this AM, I was watching the PREM.. First I saw it tank into negative numbers at about 11 EST or so, the first time it did. Market was at -150.. Market went to -250 or -280 within 30 minutes.. Then right afterwords, the PREM went to +8 and the market rebounded 75 points.. That was one day and within the period of about 90 minutes.. I firmly believe that wide swings in the PREM, like today can be used to trade. One might be foolish to not use all tools available.. Another I have been watching is TICK, when the TICK advances hard in any one direction, that has been a point of reversal when it gets to extremes. Still looking into that one. But today it worked. I watched it and watched DELL drop to -5 1/2 and mentioned on Stock Attack that it might be a buy-in opp. Keep your eye on PREM, it is a good indicator. BTW.. cash closed at exactly 8 points below FV today, add on the current -7 on the futures, and as of 4 AM, we are down 15 on the S&P... Japan got spanked and Hong Kong ended down too, same for some Europe markets.. Right now might be a good time for the FED to step in and say or do somthing. We are teetering.. FWIW edit) Slide continuing. Now we are down 20 S&P points.. at the lows of the day...