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<DIV><SPAN class=70112506-02091998><FONT color=#0000ff face=Arial size=2>I'll
get up early and check the satellite for what's happening. Think Bloomberg
puts out all those numbers. What time do I have to get up? I rebel
before 5AM PST <g>.</FONT></SPAN></DIV>
<DIV><SPAN class=70112506-02091998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=70112506-02091998><FONT color=#0000ff face=Arial
size=2>Guy</FONT></SPAN></DIV>
<DIV><SPAN class=70112506-02091998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<BLOCKQUOTE
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<DIV class=OutlookMessageHeader><FONT face="Times New Roman"
size=2>-----Original Message-----<BR><B>From:</B>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On
Behalf Of</B> Dick Simmons<BR><B>Sent:</B> Tuesday, September 01, 1998 8:58
PM<BR><B>To:</B> metastock@xxxxxxxxxxxxx<BR><B>Subject:</B> Re: Is that
support, or what?<BR><BR></FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Hi Guy,</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>You had better get that wallet out and put it
on the table. My estimation is the 3rd September for the next leg down.
Check the All Ords market in Australia for the 3rd when you get up in the
morning. If it has moved down strongly your markets are likely to follow. If
the All Ords doesn't move down forget what I have just said.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>The following is a snap of the S&P 500 cash
in Ganntrader.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Regards,</FONT></DIV>
<DIV><FONT face=Arial size=2>Dick.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2><IMG align=baseline alt="" border=0 hspace=0
src="cid:70112506@xxxxxxxxxxxxx"><BR><BR></DIV></FONT>>Bill<BR>><BR>>Well,
we picked the selling point, just never got off waiting for one of
our<BR>>confirming signals. First major move we've missed in 16
years. What a time<BR>>to be on the sidelines. At least we
weren't long <G>.<BR>><BR>>Anyway, we were looking for an
interim support today around 998-1000. Blew<BR>>through that.
Our next support is 968. I was hoping we'd get a
60%<BR>>retracement back up so I could put on some of these short
positions I've<BR>>been carrying around in my wallet
<ggg>.<BR>><BR>>Our target for the DJIA on this move down was
7200 +/-. At that time, we'd<BR>>sit down and try to estimate where
this might take us. I noticed Jerry<BR>>Favor had an initial Dow
target of 7140 with his objective being
6000.<BR>><BR>>Regards<BR>><BR>>Guy<BR></BLOCKQUOTE></BODY></HTML>
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