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Re: Finally a Signal!



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Guy,
     Good luck on your short.  I just got through looking at the DJIA
and don't believe it's going to turn here.  It now looks to me like
the congestion in the 8500-8600 range could be the top of the trading
channel.  Of course I've been wrong before and will.....<G>.

Jim
-----Original Message-----
From: Guy Tann <grtann@xxxxxxxxxxx>
To: Metastock <metastock@xxxxxxxxxxxxx>
Date: Tuesday, September 15, 1998 12:26 AM
Subject: Finally a Signal!


>Jim, Steve, et al
>
>Well, we finally have a confirmation.  Will be shorting either
tonight or
>market on the open, depending upon how I feel <G>.
>
>We've been out of the market so long, I probably forgot how.
>
>After looking at my chart, our potential high on this move up is 1053
for
>the S&P futures (still Sep in the Continuous data feed).  It hit
1041.5
>today on its high. Pretty close.  Maybe we'll get a bounce on the
open.
>Anyway, we're short, or will soon be.  Remember, 1 chance in 4 of
being
>wrong <g>.
>
>Regards
>
>Guy
>