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To: donald sew who wrote (55586)	10/15/1998 7:31:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 58727

don....IYO does the 8400-8425 resistance still look like a solid ceiling? To me it does. iqc.com ...plus, the rally crapped out at the uptrend resistance line, IBM & PEG had heavy selloff at the close. If dow closes above 8425 and then can move above that then I would be a believer in the renewed bull, or is that bull? -g-

To: donald sew who wrote (55586)	10/15/1998 7:56:00 PM
From: SJS	Read Replies (3) \| Respond to of 58727

Don/Anyone.. Ever hear of this index? _____________ "Ralph Bloch, chief market analyst at Raymond James & Associates Inc. unearthed research on an indicator with a 100 percent accuracy rate of predicting a substantial market advance. Going back to 1962, two days in a row of readings of 0.5 or less on the Arms index has always resulted in a significant rally. This happened Thursday and Friday of last week. It also occurred on April 29 and April 30 of 1997 and again in 1984. The Arms index is a technical indicator that measures market breadth."