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To: Jorj X Mckie who wrote (7316)	9/15/1998 7:58:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34810

Well Mr Dietz you are correct. I am seeing very positive things and am expressing them in my posts. As you know I am a glass have full person by nature so I probably will always have that kind of spin on things anyway. I don't care if the DJIA closed off its highs and neither do you by the way. We got new buy signals and no new sell signals. The NYSE BP doesn't reverse back up that easy remember. We don't want it to. It did move up decisively this week however. If it continues in the same manner, it should reverse up very soon. Of Course I will wait for that to happen. You can be a contrarian pissant all you want. It is one of your more attractive qualities ;-) Clearly... Jan I am

To: Jorj X Mckie who wrote (7316)	9/15/1998 8:45:00 PM
From: Les H	Read Replies (1) \| Respond to of 34810

>You mention that the DJIA will break a DT at 8050 (glass is half >full). And I would say that we are at DT resistance, we closed off of >the day's highs and the NYSEBP still didn't reverse back up (glass is >half empty). How does the proximity of the Bearish Resistance Line at around 8200 and additional horizontal resistance at around 8300 influence the decision if there is a DT Breakout tomorrow? Also, the New Highs declined and the New Lows went up today as well as the Russell 2000 'rallying' at the end of the day to finish up 0.01 (Russell 2000 RS is still declining).

To: Jorj X Mckie who wrote (7316)	9/15/1998 9:50:00 PM
From: Dennis J.	Respond to of 34810

Double top is resistance until broken, then support. Great post Tom. Your view is still defensive, and consistent with our overall p&f posture. Any other posture is contrary. Since p&f records history, and does not predict, I prefer to wait. I may even wait through all of October, which has not exactly got a checkered past. A broker once voiced the view that most people should be out of the market most of the time. I think that is especially good advice for October (most years). Dennis