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To: James Strauss who wrote (54656)	10/3/1998 1:57:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 58727

I agree they will be a good Short term trade just be quick around the downward trendline from the July and August highs around 497 OEX as of Monday and also the rising support line from the last wedge we formed which will now be resistance. The downward trendline from the highs held twice last week and was the trigger for the last down fall IMO. I think it will act in the same fashion again. Again, this is only based on a couple hours look at the charts last night after work and I will be re-evaluateing my position after I get caught up on all of these SI posts from Friday and this morning. After that I plan on doing some more chart reading and formulation of strategies for next week for both long and short. Lee