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Re: sp500



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I don't disagree with the signals but ... the resilience of the equities
market in the face of a 1.2% rate rise since October and nearly .75% rate
rise in past couple of months has been absolutely amazing. I would not want
to be short such a market until it clearly demonstrates that has given up
the ghost.

Earl

----- Original Message -----
From: <Proffittak@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Wednesday, May 19, 1999 9:43 AM
Subject: sp500


> good afternoon all
>
> McClullen osc is already  under  ziro
> my short term  indicators are on a sell
> only need   400 million  more down vol then up vol to  trger  the
intrmidiate
> term sell
>
> will use  1-2%  rally  to sell my 401K   my ira   and  any long stocks
> not a trading recomendation
> just my view
> happy trading
> Ben






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