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<DIV><FONT size=2>Ben's oscillator works as a short term trend exhaustion.  
His oscillator hit the Correction level on Tuesday and bounced on 
Wednesday.  Unfortunately, longer term the composite breadth picture is 
still rather divergent supporting the bear view unless the broadening occurs 
this year.  His snp long entry that got stopped out might have been more 
successful had he waited for the lower cone support this morning as posted 
yesterday.  The pivot would have made a good daytrade exit.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>BR</FONT></DIV>
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<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  S&P 500 </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:bobrabcd@xxxxxxxxxxxxx" 
  title=bobrabcd@xxxxxxxxxxxxx>bobrabcd@xxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, January 05, 2000 4:49 
  PM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> DR. Would you please post</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face="Comic Sans MS" size=2>Dr. Would you please post a screen shot 
  of the Trend Exhaustion Index.</FONT></DIV>
  <DIV> </DIV>
  <DIV><FONT face="Comic Sans MS" size=2>I would like to see how it has done in 
  the recent market action.</FONT></DIV>
  <DIV> </DIV>
  <DIV><FONT face="Comic Sans MS" size=2>If you would be so kind, could you also 
  send me or post to the group the TradeStation code??</FONT></DIV>
  <DIV> </DIV>
  <DIV><FONT face="Comic Sans MS" size=2>Thanks for all your GREAT 
  posts.</FONT></DIV>
  <DIV> </DIV>
  <DIV><FONT face="Comic Sans MS" 
size=2>Rob</FONT></DIV></BLOCKQUOTE></BODY></HTML>
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