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To: Trader X who wrote (9253)	10/28/1997 9:08:00 PM
From: Robert F. Newton	Read Replies (1) of 17305

Re: We hit bottom today. - Kevin: I was a bit surprised by the rally today. I thought we would see a couple of days of bleeding and the DJ in the mid 6000's before the rebound. ........ Overall, I am still bullish and expect to jump back on the northbound train. Are there any specific sector which you feeel more bullish than others. The world is much different today than it was 10 years ago. There is much more 401K type money in the market which will not be easily removed. People are betting on the long race and inevitably the market will move upward. Where else do you put your money these days to get a decent return? Here's looking to a DJ of 10,000 by the end of '98..... Best of luck to all....... Regards, Bob Newton . P.S. I had my limit order in for INTC @ 69+ which did not get executed. Unfortunately ;(

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