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To: donald sew who wrote (56484)	10/27/1998 1:19:00 PM
From: HairBall	Respond to of 58727

donald: Well, that would work for me. However, I am beginning to feel a little like a dog chasing its tell....<g> BWDIK Regards, LG

To: donald sew who wrote (56484)	10/27/1998 3:19:00 PM
From: Merritt	Read Replies (1) \| Respond to of 58727

Donald: In looking at a daily chart of the Dow, with a least squares/linear regression channel constructed from the high of 9367 on 7-20 through yesterday, the price has recently been surfing the upper edge of the channel and stoch's are overbought and my own momentum indicator has started to turn down (though still well into overbought territory). To me, this would indicate a fairly good drop is in store for the Dow. BWDIK, I'm not a technician (it took me two years of tuning to get my momentum indicator where I felt comfortable with it<G>) Best regards, Merritt