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To: John Veltheer who wrote (243)	5/13/1997 4:39:00 PM
From: James F. Hopkins	of 777

Hi John: I thinks you is more advanced at TA tham I is, what you say seems to make sence to me..even ifin I'm not up to your speed with TA..she is making that support at the 20 level..but the volume don't look good enough to hold her..some one gowin to take some profits and she will likley fill the hole..what is it you mean by "leaving the ultimately bearish "island" of prices..or wha is a "bearish island". ? I'm comfortable with my short position to but it's just june 17.5 puts now, and it's just in the money for me , I sold the 20s yesterday. Jim

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