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<DIV><FONT color=#000000 size=4>AIQ issued another Sell signal tonight which is
confirmed by the Price Phase Indicator. Stocastistic Indicator also issued
a sell signal with a break below the 80 line. WAL and US numbers are no help and
are both bearish at 23-76.</FONT></DIV>
<DIV><FONT color=#000000 size=4></FONT> </DIV>
<DIV><FONT color=#000000 size=4>Again, this could be another false alarm.
Best action is not to sell everything outright but tighen those stops.
This "could" be a little more serious than the two previous Sell
signals a week or so ago. Read last nights market
update.</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Wed Dec 10 19:46:43 1997
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Date: Wed, 10 Dec 1997 21:40:42 -0600
Reply-To: clydelee@xxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: Clyde Lee <clydelee@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: MKT - OEX SwingMachine Different
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Status:
Traders,
The SwingMachine provides many ways of looking at a
set of data. One way is to do a kind of combining operation
in which each bar high and low is replaced by the highest high
and lowest low over some selected number of bars in the
range of 2 to 9.
The attached projection is from such an operation using 9 bars
for the "compression".
Two projections are presented. One obviously is not correct
and the other may be calling for more down (4 more hours --
see the little +4 on the lower right) than may happen.
Nevertheless this is what it says.
Clyde
--
Clyde Lee Chairman/CEO email: <clydelee@xxxxxxx>
SYTECH Corporation Work: (713) 783-9540
7910 Westglen, Suite 105 Fax: (713) 783-1092
Houston, TX 77063
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