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To: donald sew who wrote (56518)	10/27/1998 7:13:00 PM
From: HairBall	Read Replies (1) \| Respond to of 58727

donald: Thanks as usual for the INDEX UPDATE. Well, I think I am beginning to understand Favors speak. Message 6186081 I am licking my wounds before I download the end of day numbers tonight! No losses today, but I could not get fills (borrows) on two short positions that would have made a good finally to a profitable month! Viewing the Intraday Actual Semi-Log 60 Minute Interval Charts, the formations for the SPX and NYA have been negated. While the formations on the Dow Industrials and Transports are still in tack, for now! It will not take much of a move to the down side to negate the Dow Industrials Bull Flag. Looks like 8320/40 is the one-day projection for the lower trend line. I don't see much support in the intraday actual charts until 8100, if the flag fails. I noted that the NAZ is still rising along an arch and the RUT is still above its rising trend line. Tomorrow should be interesting! BWDIK Regards, LG

To: donald sew who wrote (56518)	10/27/1998 7:32:00 PM
From: Stephen	Read Replies (1) \| Respond to of 58727

Don, as per your previous posts, this pullback in the DOW was anticipated and you felt it was a buying opportunity. Fortunately I was long in Nasdaq stocks so have done okay. Based upon your last update, and given that there are usually no absolutes, is it not more likely that the Dog (DJIA) may wag the TAIL(NSDQ) for a change and there will still be an upside bias to the indexes???. Is sentiment really changing and are the people who were waiting to get into the market now saying they don't want to ??....... hi/los and adv/dec are looking pretty good imho. Well ...... its all good fun .... but I still feel this maybe the pause that refreshes. If not, I'm hoping that my insurance (expected news) will save my stocks somewhat !!! Is it just me or does this thread seem very bearish (I'm one myself!!) Good luck all Stephen

To: donald sew who wrote (56518)	10/27/1998 7:46:00 PM
From: BILL G. WRIGHT	Read Replies (1) \| Respond to of 58727

Put this in the "for what it is worth department". John Murphy, who in my opinion is one of the very best market technician, stated in his week-end report that he expects a short-term pull back in the market. Also, historically I have found that this week is one of the most bearish weeks of the year. However, this could be distorted this year because of the bullish ramifications created by the Federal Reserve lowering short term interest rates recently. Also, earnings reports could be more positive than expected for third quarter performance. All of this just means I am neutral for this week and undecided about market direction.

To: donald sew who wrote (56518)	10/27/1998 8:11:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 58727

donald, have you seen this new display at decisionpoint? decisionpoint.com gives a nice quick comparison.