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To: Chip McVickar who wrote (24085)	5/24/1999 11:43:00 AM
From: Jimsy	Respond to of 44573

ND is the industrial stocks that don't make it into the DOW INDU. Very often, buy/sell programs can be indicated by watching this index as it draws straight lines for me, and the DMI lines are also pretty straight while this is going on. But doesn't look like any buy program yet, probably too early, 11:40 not a usual time for buy programs. Looks like we are still heading down as per ND, NDX, INDU,XOI, RUT, NF, NNA, TRAN indexes. I watch these key indexes like a hawk. Advance/decline not lukin too good either.

To: Chip McVickar who wrote (24085)	5/24/1999 11:50:00 AM
From: Jimsy	Respond to of 44573

Chip - take a look at ND over the last 8 mins, ND is straight line down, which I interpret as a sell program. Quite often when I have observed this, Bob Passoni of CNBC says there has just been a buy or sell program. But he never tells me before it happens, darn. Put the DMI indicator on it and you will see the well formed DMI+ DMI- lines. NAS has to hold this 2060 area, me thinks.