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To: Giordano Bruno who wrote (54647)	8/4/1999 10:32:00 AM
From: Jorj X Mckie	Read Replies (3) of 86076

P&F Update - The NYSEBP (NYSE Bullish Percentage) has moved into a "Bear Confirmed" status. All P&F indicators have now turned south. One of the interesting things is that we usually see a bounce the day or two after this happens, probably from being in a short term oversold condition. Haven't checked the P&F thread yet, but I bet that there are't too many bulls left.

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