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To: steve susko who wrote (52897)	9/16/1998 6:11:00 PM
From: donald sew	Respond to of 58727

Steve, I really hope it does not push to 1100, for the sake of the market, It would be a very bad sign. The market needs to move in stages; a fast movement up could actually be a bad sign. I know, call me crazy, but I have a theory that I can actually quantify, which reacts like a rubber band(my GUITAR theory). The harder it is pulled beyond extremes it either snaps or reverses in the opposite direction with equal strength. My CLASS SELL is based on todays highs, if the DOW goes 100-150 above it tomorrow it would signify a technical breakout, per my system. A technical breakout is great in an UPTRENDING market, but to get one in a negative/bearish market may not be that good, since it may intensify the downswing. the best anaolgy I can think of is the old saying "THE BIGGER THEY ARE, THE HARDER THEY FALL". The best thing for this market is for it to pull back a few hundred points, say 7700-7800 range, then move up. Such would produce a HIGHER LOW and would be healthy for the market. I am really not a perma-bear, just trying to go after as many ripples as possible. Also, I dont want to see a break of 7400 either since such could imply much lower lows. I make the most in a range-trading market not in strong downtrend or strong uptrend. Good luck. Seeya