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To: Dan Duchardt who wrote (10570)	4/28/1999 4:48:00 PM
From: Herm	Read Replies (2) \| Respond to of 14162

Seems like the techs have been selling off the last two days. HWP has down fairly well holding up. You might be right around a pull back. HEWLETT-PACKARD CO. (NYSE:HWP Last Sale: 79 5/16 -13/16) HWP Trading Summary 28-APR-99 Ticks Money Flow($MM) Avg. Price Small Blocks +306 -320 +27.9 -14.7 $79.9797 Large Blocks +11 -12 +17.2 -17.0 $79.9423 Total: +317 -332 +45.2 -31.7 $79.9651 27-APR-99 Ticks Money Flow($MM) Avg. Price Small Blocks +378 -397 +38.9 -21.8 $80.1693 Large Blocks +27 -13 +52.9 -16.0 $80.1083 Total: +405 -410 +91.8 -37.8 $80.1408

To: Dan Duchardt who wrote (10570)	4/29/1999 12:10:00 AM
From: Hectorite	Read Replies (3) \| Respond to of 14162

Dan, Herm Re: HWP I read Herm's reply and played with the settings on the TA charts as you did, Dan, and pretty much observed the same thing: still seems to be topping to me. But the real thing I wanted to get at was, what factors should one think about when trying to decide if you "believe" what the chart is telling you. I listed some possibilities before, but the were mostly subjective things like "sentiment" which does seem to have turned in HP's favor. Sure, in the last couple years 12 day RSI above 72 or so has always signaled a near term reversal. That doesn't mean it will continue to work that way; the company is entering a bit different environment. Are there quantitative parameters one can look at to add or subtract confidence to the simple chart reading we've been talking about? Herm, the table of money flow you provided is an example (where do you get those by the way?) Anybody use other "helper" indicators? F.