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To: TechTrader42 who wrote (128)	12/23/1998 11:14:00 PM
From: pcyhuang	Respond to of 167

Nearing a Top Hi, Brookelise: I totally agree with you that the market is nearing a top, especially the DJII. Before topping out however. it might first attempt a false breakout. In all my high-momentum portfolios, I am increasing the percentage hedged by the DIA or the SPY. Rgds, pcyhuang pronet.net.tw clearstation.com

To: TechTrader42 who wrote (128)	12/23/1998 11:15:00 PM
From: big run	Read Replies (1) \| Respond to of 167

Add to all that the fact that the net stocks are leading the charge doesn't help. The last time I recall the same situation was 4-20 to 4-22 of this year. The net stocks took the NAZ into high ground but the DOW couldn't follow it. The 2 recent gap ups reminds me of a possible island reversal in the making. You're right too, the RSI is diverging on the NAZ, INX, NDX, OEX, RUT and the SPX. Correction or consolidation ahead? What do you think? Best