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To: MonsieurGonzo who wrote (51646)	9/6/1998 11:56:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Steve, >>>>>>>>>>> Donald; RE:" bouncing baby bad " ...as I said, Don, upon any bounce to ~8100, we should short LatAm <<<<<<<<<<<< Agree, in fact if the DOW tops-out at 8100 without retesting 7400 first, we could basicly short anything. Seeya

To: MonsieurGonzo who wrote (51646)	9/6/1998 11:59:00 AM
From: Dnorman	Read Replies (1) \| Respond to of 58727

Steve: Would you mind explaining why you feel if we go to 8100 it would be time to short Latin America? The information you posted shows LA has gone way lower than our markets. I have to ASSume you are referring to some kind of a copycat volatility compared to our markets. Dennis

To: MonsieurGonzo who wrote (51646)	9/6/1998 12:26:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

steve are there index plays out there that we can play on Latin America? of course...TBR was the huge play in Brazil before the split up...not sure now have you looked into TBR and the volume , maket cap...etc since then? bobbby pisssssssani used to always say...why are we talking about TBR???? because X% of the total volume of shares is traded in the US...etc.. he doesnt mention it as much anymore --------------------- +David Plonk (26472 ) From: +Arik T.G. Sunday, Sep 6 1998 11:04AM ET Reply # of 26665 David, Looking at the big caps it seems there is little room to go up, while downside is still great. The index stocks: GE- New low. Local support from 9/1 and 9/3 at 78 broken on Friday. The 200 DMA at 82. The first close under the 200 DMA was 8/31, then 9/1 the stock closed above it, and the last 3 closes were below it- 9/1 is therefore the DCB (Dead cat bounce). 13 DMA at 85 and accelerating down to meet the 200 DMA. Look also at last week's volume. MSFT- The broken support at 103 was tested 9/3 and held as resistance. Local support at 98 1/4 also failed in the aftrernoon. If you look at 3 days SMA from the top, the E count is painfully clear. 3 of 3 is underway and nothing can stop it. KO- Looks oversold, new low with higher RSI. Has room to go up. XON- Looks like it has started 5 of 1 ahead of the market, and completed 2 of 5 on Friday. MRK- Not clear. Closed only once under 200 DMA (now at 120). Tuesday will tell. Under 119 1/2 it's doomed. INTC- The company has it's future behind it IMO, but the technicals are not that clear. PFE - Turned down Thursday from underneath the 13 DMA, which is also where the broken support was. Gapped down Friday to open and close just beneath the 200 DMA, starting a clear 3 of 3. Under 94 on Tuesday will confirm 3 of 3 of 3 down, where the 2 is intraday Friday. ------ latest drudge..whitehouse mole drudgereport.com