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To: Arik T.G. who wrote (4270)9/17/1998 12:14:00 PM
From: SE  Respond to of 44573
 
Boy, things sure seem quiet and serene (sp). Wonder what it will take to get this thing moving again. Right at the 200 ma on the one minute chart (1030). Looks like about two points higher is 200 period ma on the five minute chart. Watching these resistance points carefully.

TICK turning back down now...maybe the DOW makes one more run at 7900 before being turned back for good.

Wonder where Patrick is? Would be nice to know his timing points today. Right now it is lunch hour so that can explain a bit of the quiet, but I suspect things will heat up about a half an hour or so.



To: Arik T.G. who wrote (4270)9/17/1998 7:59:00 PM
From: SE  Respond to of 44573
 
Arik,

Where we at in your wave count? How did today's action fit in?

I found today to be a very strange trading day. Don't know if it is the expiration that is upon us or what, but to drop 200 points off the open and then do nothing all day is very weird. Seems almost like a set-up....

-Scott


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