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To: SJS who wrote (7922)	3/23/1999 9:52:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 14427

Do you read Martin Armstrong? last here he called the July 20 top(prior to it) and right to the day(!). he then called the return of the bull while most were wondering if 7500 would hold. Now he is saying April 8th is the beginning of down until late December. FWIW, MSFT made a very ugly double top today. DELL is already trashed. Carl is calling for 65 on ATI over on decisionpoint. He is also bearish now. Who's the tech leader now?

To: SJS who wrote (7922)	3/23/1999 11:36:00 PM
From: 007	Respond to of 14427

<Tomorrow is too early (IMHO) and this was a large wound....> SJS, I agree that it's too early to look for a bottom and that the whole thing is pretty much unpredictable, but the techs have dropped quite a bit over the last three days and I think that it will start bouncing up tomorrow to meet a corrective downtrend line that isn't this steep. The nasdaq has dropped 140 over the last three sessions. My guess is that we get an ugly start tomorrow with a dramatic turnaround, but that's just a guess. 007

To: SJS who wrote (7922)	3/23/1999 11:50:00 PM
From: Alski	Read Replies (1) \| Respond to of 14427

Steve, I'm pretty impressed with David J's magnet posts over on the 56 thread. Magnets are trendlines that have special significance. They seem to be pretty reliable. He hasn't posted yet tonight, but last nights post started out with "warning shots!!!!!" The supports he has for Wednesday under today's close on the DOW are at 9651,9546,9412,9398,9376 and 8980. I'm hoping the 9651 holds, but technically I think the trend lines that are at 9398/9380 tomorrow are the most critical ones. The DOW can go that low and still maintain a strongly uptrending trading range. Hate to see it happen though, and if it's got to go that low I sure hope it doesn't do it in one day. I get more supports between 9380 and 8980 but they're not very strong. For the SPX he had 1267, 1248, 1223, 1191, 1162, and 1116. It'd be nice if 1267 "holds" (closed at 1262) but I won't turn bearish as long as 1248 holds. I don't want to see 1223. Of course, that's all assuming things haven't already bottomed :-) There's lots of stuff sitting at or near support tonight that really want a chance to rebound tomorrow. MACR, SPNSF, and HMGC come to mind. Well, I see whilst I was typing this DJ posted tonights magnets. It took me quite a while to decode his shorthand, still not sure I've got it exactly right, but here's the link for whoever's interested. 206.253.217.14 FWIW...Alski