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To: Doo who wrote (10258)	12/14/1998 2:32:00 PM
From: Patrick Slevin	Respond to of 44573

Real often when the 34 and shorter term 8 converge there is some explosive movement. I also just started looking at 30 tick on 30 and 10 minute charts on the March S&P. The inscribed line is like a wall, preventing motion above the average. I don't have any prior experience with that one, but the 8, 34 always seemed to provide a clue concerning short, near term action. When the 55 converged with the 8 and 34 very often a 6 to 9 point move ensued within a few bars.....all on the 5 minute chart I usually look at with that series, anyway.