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<DIV><FONT face=Arial size=2>Don,</FONT></DIV>
<DIV><FONT face=Arial size=2>I am on the fence. I think its going
lower. I run a set of probabilitys based on internals and price and I get
the following read out.</FONT></DIV>
<DIV><FONT face=Arial size=2>A gap up open has only a 42% chance of a higher
close. The down gap open in the futures has a 75% chance of a higher close. With
the down gap openers. The ones that close up on the day-66% are going to do a
lower low. Also, there is a high probability of little challenge to the
Monday high.</FONT></DIV>
<DIV><FONT face=Arial size=2><U>That is only stats! </U>The gap down open
with it being this over sold, is a good trade if one can buy really weak
situations and hope for the best.The enclosed gif is are may statistical
expected ranges.</FONT></DIV>
<DIV><FONT face=Arial size=2>DCP in blue means the Down Close Profile High Low
range</FONT></DIV>
<DIV><FONT face=Arial size=2>UCP in orange mean the Up Close Profile. High
Low range</FONT></DIV>
<DIV><FONT face=Arial size=2>green are the classic pivots.
r1r2s1s2..</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Nice Gif. If this is a wave three you are
right a couple of days rally and then down to 1447 the last low.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Don</FONT></DIV>
<DIV> </DIV>
<BLOCKQUOTE dir=ltr
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>
<A href="mailto:dbewers@xxxxxxxxxxxxx" title=dbewers@xxxxxxxxxxxxx>Don
Ewers</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Tuesday, September 19, 2000 12:28
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: Market</DIV>
<DIV><BR></DIV>
<DIV>Don (also Bill who asked what EW offered up),</DIV>
<DIV>I found nothing on the daily EW that excited me and the weekly could go
either way but look at this 60min SP chart. The 1.618 expansion caught the low
exactly so far (just like on the bonds today on the 60min), so your point also
lines up with this (how did you arrive at yours might I ask) and is indeed
important. See the attached chart, which also shows potential retracements if
this is a temporary bottom. Once the wave 4 is complete we will have a better
feel about a wave 5 if or when it will occur. We just may have a temporary
bottom and if this does not hold, what was it Don, pffft?</DIV>
<DIV>don ewers</DIV>
<BLOCKQUOTE dir=ltr
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>
<A href="mailto:detomps@xxxxxxxxxxxxx"
title=detomps@xxxxxxxxxxxxx>DonThompson</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, September 18, 2000 2:31
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: Market - OEX</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>I wanna see what the SnP does at `1463.50
should be a significant area of support .... if not.. pffft.</FONT></DIV>
<DIV><FONT face=Arial size=2>don</FONT></DIV>
<DIV> <SPAN id=__#Ath#SignaturePos__></SPAN> </DIV>
<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>
<A href="mailto:bobrabcd@xxxxxxxxxxxxx"
title=bobrabcd@xxxxxxxxxxxxx>BobR</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, September 18, 2000 2:18
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Market - OEX</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>FWIW on Friday the put volume rose above the
"shallow" threshold buy level. It is a day or two or three early per
previous changes in OEX from down to up. This is a twice the ten day
average type of indicator.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial
size=2>BobR</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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