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<DIV><FONT face=Arial size=2>A buy signal was given on Nasdaq as of close on
9/19/00. QQQ(Nasdaq 100 Trust) confirmed buy as of close
today(9/20/00).</FONT></DIV>
<DIV><FONT face=Arial size=2>Dow Jones has not yet given a buy signal. A close
by the Dow above 10825 is one of the necessary elements. .So watch for
that figure. If my other indicators confirm I will post the buy signal on the
Dow if and when it comes.One of my proprietary indicators of the Dow still does
not look good. The Dow is extemely oversold and a good rally could ensue at any
time.Act accordingly. </FONT></DIV>
<DIV><FONT face=Arial size=2>A buy signal on Nasdaq not accompanied by abuy
signal on the Dow Jones calls for extra caution even if one trades Nasdaq
only.</FONT></DIV>
<DIV><FONT face=Arial size=2>Remainder: Although the signals rendered by various
technical indicators are quite reliable. We have to remind ourselves(yours truly
included) that no indicator(s) are infallible nor can they predict the markets
with certainty.Therefore we must all proceed with caution. </FONT></DIV>
<DIV><FONT face=Arial size=2>Dom. </FONT></DIV></BODY></HTML>
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