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To: donald sew who wrote (56002)	10/21/1998 5:09:00 PM
From: Linda Kaplan	Respond to of 58727

All-- Did anyone who was listening to CNBC a few minutes ago catch an 800 number for a free options book by McMillan? I thought I remembered the number but I didn't. --Linda

To: donald sew who wrote (56002)	10/21/1998 10:36:00 PM
From: John Sacz	Respond to of 58727

Don, Their is an article in the Jan, 1997 issue of "Technical Analysis of Stocks & Commodities" giving a mechanical system for trading based on daily A-D and new highs and lows. The article was written by Dennis Meyers. JS

To: donald sew who wrote (56002)	10/21/1998 11:01:00 PM
From: James Strauss	Respond to of 58727

New Highs/New Lows... ~~~~~~~~~~~~~~~~~~~~~~ Don: The founder of the Cabot Market Letter developed the 2 Second Indicator... It looks at New Lows... 40 was the pivotal number... Consistent readings above 40 usually preceded market drops... Consistent readings of 40 or below usually preceded market up moves.... During corrections 4 or more days of 40 or less New Lows usually lead to turnarounds to the upside... This is not Infallible, but when combined with two FED rate cuts and another likely one on the way, I'm interpreting this as a bottom of the BEAR... Jim