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To: donald sew who wrote (56354)	10/26/1998 12:57:00 PM
From: HairBall	Respond to of 58727

donald: Who knows. Dont see alot of strength nor alot of weakness. That most likely will continue until the pattern resolves. I am expecting a pause to refresh or a slight pull back based on my technicals and the constraints of the Bull Flag upper descending trend line. This Bull Flag's trading range is narrow compared to the Bear Flags of late. DBC's StockEdge Online only allows current day, intraday interval chart data. So, I must rely on Quote.Com for extended reads of intraday interval charts and I am having trouble with it today. Because my technicals are close to sell signals on several Indices, I expect a pullback to the lower trend line. And, suspect trading in this range for a few days. Ultimately resolving the pattern to the expected norm, to the upside. Of course, these chart formations are not 100%. All disclaimers apply! <g> BWDIK Regards, LG

To: donald sew who wrote (56354)	10/26/1998 1:08:00 PM
From: Stephen	Read Replies (1) \| Respond to of 58727

Maybe its just me, but apart from the daytraders, I don't see any great reason to sell, and maybe thats the current market strength. If no-one sells its difficult for the market to retrace. Additionally, the idea that there is a lot of money currently sidelined, supports the idea that any pullback is just an opportunity to enter the equity market. I guess for a pullback there needs to be significant new news .... devaluation somewhere .... Brazils reform problems ?? ..... I'm not really sure what will rattle the market at this time. Do we range trade till closer to the fed meeting ??. I'm long at the moment, but only in stocks that are underpinned by some forthcoming news. I'm an investing bear, but when I see the internets doing well (one of my 'hat' indicators) it tells me I need to continue to be long. Glad I have Don & LG to keep me straight !! Good luck all Stephen