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To: donald sew who wrote (53475)	9/22/1998 1:07:00 AM
From: ratan lal	Respond to of 58727

Hi Don You may be right in your analysis of 100-150 points up tues/wed. HSI and Nikkei are both up 239 and 116 resp. and SP8Z is up 5.30 Time to buy puts tomorrow at the high or Wednesday. ratan

To: donald sew who wrote (53475)	9/22/1998 7:03:00 AM
From: Jay Scott	Read Replies (2) \| Respond to of 58727

Hey, Don! Like your Dow scenario. I'm using P&F charts for the indexes and they've been very accurate lately. Based on them, I'm also looking for the DJIA to make a run at 8100-8150, especially with carryover from overseas markets this morning. What your cycle analysis manages to add, however, is to allow us to keep one eye out for a change in the recent trend. It's been my experience that the P&F chart patterns only last so long, then the breakouts from those patterns can be devastating. I'll keep my eye on the ball. Thanks! JS