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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (29692)	5/18/1999 4:08:00 PM
From: ivan solotaroff	Read Replies (4) \| Respond to of 79270

Doug, "There's nothing like a good brick placed precariously on the wall of worry." Now it's me L'ingOL. "I made that decision...I'll be full bore S&P 500 next month" I tried to make the decision myself and buy SCUR at the bell but just missed it. Was old Allan buying 10K at the close? If the signal history's any indication, there'll be time tomorrow. I've traded so many cats now I'm getting blase. A dangerous mindset. Ivan

To: Doug R who wrote (29692)	5/25/1999 1:03:00 AM
From: Doug R	Respond to of 79270

A breakdown of 13 dRSI last line of support is nothing to trifle with. (I have to assume that the thread was so quiet today because everyone here realized the consequences of the 13 dRSI breakdown that occured on Friday) The market goes into the type of short term deterioration from here that will, predictably, bring out the hordes of chicken littles...again. Expect a bottom to this correction to occur on approximately 1 1/2 billion shares of NYSE volume somewhere in the vicinity of Dow 9,700. When you see that, buy everything in sight...especially IBM. An intraday technical bounce of the avgs. on Tuesday will allow for the momentum of the current favorites to carry them higher. BUT for the broader market expect a flat day. Wed. could be worse than Mon. Doug R