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Strategies & Market Trends : SPARKY'S CORNER -- Ignore unavailable to you. Want to Upgrade?

To: Walk Softly who wrote (3599)	9/4/1998 3:18:00 PM
From: Bruce A. Brotnov	Read Replies (1) \| Respond to of 4142

ES and Jim - with negative sentiment today I shorted DELL in my model after DOW gave up its early gains and this afternoon I couldn't resist BBY again after it once again crossed lower trend line (it owes me <G>) and I also got some for model. Seemed like the trend today was pretty safe to be going lower. Much better going with the trend than fighting it. <G> SAPE is a high flyer that I see is down 7, popular but not a lot of earnings to support its lofty price. Not a good sign though as it was one of my entries in Boston Globe monthly contest. What do you expect for Monday assuming we close in 7500 area? I had to take REXI from model (attempted bottom fisher) at 12 3/4 sell stop as the external report is seeming to be more accurate than denial if the stock price is an indicator. I was going to short it but it dropped too fast. If it gets back near 13, I might short it next week. Bruce 3:15 pm