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To: R. Gates who wrote (2910)	9/13/1998 1:22:00 PM
From: Lucretius	Respond to of 14427

you could be right, but I think the elusive "rally" that everyone keeps looking for will never come, I say we're just going DOWN. The lack of a sustainbale rally has been the surprise about this mkt top. We'll see....... -Lucretius

To: R. Gates who wrote (2910)	9/13/1998 1:38:00 PM
From: drsvelte	Read Replies (2) \| Respond to of 14427

*DrSvelte's Sunday Shorts -- Not!!* My feeling is that Monday and possibly Tuesday will be up days in the market. The threads that I read to get a sense about overall market direction, TSO and BK, are suggesting such a scenario. The bad news about WJC is out, it seems like the public is morally outraged and disgusted, but the notion of impeachment seems like too big a step for the public to accept. At least this is my perception of public sentiment I've gotten based on some snippets of TV I watched yesterday. Plus, the market seemed to shrug off the NK tanking on Thursday nite. Obviously, this is a fluid situation and could go in any direction: Message 5736513 But, assuming no breaking bad news today or meltdown in Japan/HK tonite, I'm planning my trades today on this premise. I've pulled several longs from some of the screens I ran. These are based on TA factors only and I'm looking for only several days exposure. Network Appliance (NATP) 207.95.154.130 NATP seems to have broken thru congestion and set a new high on Friday, exceeding the previous high set 7/17 (was that the day the DOW topped?) [NOTE - for some reason the IQ chart does not show the 9/11 candles.] It has an relative strength rating of 98. Price above 20, 50, and 200D MAs all of which are trending up. In addition, it does not appear too overbought with an RSI~66. Tech Data (TECD) Similar to NTAP, breaking through congestion and setting a new 45 bar high. Strong relative strength at 84 which is about 20% above 12 month average. RSI~66. 207.95.154.130 Smith (SII) Here's one I hope to get to play, because I missed it on Friday. If the US$ drops and/or oil prices increase overnight, we should have another day. Friday it closed above 50D MA. Surfing its upper BB as Thean likes to say. Can this continue? Relative strength is awful as you would expect, but maybe this is a trend reversal. A tad overbought with RSI~71. Also looking at RIG and DO which show similar characteristics. 207.95.154.130 E&P Stocks I'm looking at several E&P stocks -- NFX, APA, APC, and VRI. Any thoughts, comments, etc. would be appreciated!