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MKT - INDU, EODCV



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<DIV><FONT size=2>The second chart has also been posted previously.&nbsp; It is 
the end of day cumulative volume chart that was projecting a proportional drop 
in the INDU to 10,202.&nbsp; Today's close was 10,318.59.&nbsp; There is no 
reason to expect a one for one proportional&nbsp;relationship, its just an 
approximation thing.&nbsp; Also the thinking was that when the RSI INDU and RSI 
EODCV converged in oversold area a trading low would be nearby.&nbsp; They have 
converged and the EODCV has actually formed a divergence with its RSI.&nbsp; The 
INDU closed on its 200 day average.&nbsp;</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>BobR</FONT>&nbsp;</DIV></BODY></HTML>
</x-html>From ???@??? Thu Sep 23 20:04:37 1999
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From: "ROBERT ROESKE" <bobrabcd@xxxxxxxxxxxxx>
To: "realtraders" <realtraders@xxxxxxxxxxxx>
Subject: MKT - INDU, EODCV
Date: Thu, 23 Sep 1999 19:22:23 -0700
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<DIV><FONT size=2>
<DIV><FONT size=2>The second chart has also been posted previously.&nbsp; It is 
the end of day cumulative volume chart that was projecting a proportional drop 
in the INDU to 10,202.&nbsp; Today's close was 10,318.59.&nbsp; There is no 
reason to expect a one for one proportional&nbsp;relationship, its just an 
approximation thing.&nbsp; Also the thinking was that when the RSI INDU and RSI 
EODCV converged in oversold area a trading low would be nearby.&nbsp; They have 
converged and the EODCV has actually formed a divergence with its RSI.&nbsp; The 
INDU closed on its 200 day average.&nbsp;</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>BobR</FONT>&nbsp;</DIV></FONT></DIV></BODY></HTML>
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