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To: donald sew who wrote (53585)	9/23/1998 8:50:00 AM
From: Rambi	Read Replies (1) \| Respond to of 58727

From Briefing.com <...Washington Post article says Fed Chairman Greenspan will signal ease in in (sic)testimony today at 14:00 ET before Senate Finance Committee >> Will this affect your analysis or predictions? People certainly seem very ready to embrace a resumption of the bull. I look forward all day to your updates. Thank you for sharing your impressive knowledge. penni, still clutching her Oct puts in nervous hands

To: donald sew who wrote (53585)	9/23/1998 9:55:00 AM
From: HighTech	Respond to of 58727

If I recall correctly the TRIN gave a sell signal when the 5-day TRIN got below 4 last week, and the market sold off strong only one day. I think that was last THUR. Correct me if Im wrong. You are correct. The 5-day TRIN was 3.867 (Below 4 is sell signal) on Wednesday. You know what happened Thursday. Other observations: Charting 101---The S&P is showing a classic rising bear flag pattern on lower volume during its development, which implies a continuation to the downside because it is occuring in a down-trending market. The Dow is more like a rising wedge with same expected results. A blowout above 8200ish might invalidate that pattern. Such happens sometimes in a crazy market. HiTech