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Politics : Idea Of The Day

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To: donald sew who wrote (9382)	9/11/1997 9:57:00 AM
From: bobby beara	of 50167

Donald, >>>As for me I am watching the interest rates and if it pierces the support range of 6.68-7.1, I will start shorting the market.<<<< Long Bond just touched your target area on open 6.68% I expect bad eco #'s on Friday and especially on Tuesday, and option expiry week to cause downdraft, especially big caps. IBM took out support convincingly. Big Blue is both is a large cap tech and large cap bellwether. This is convincing evidence that correction will be in force next week. Only longs I have left are LGND, LUV, and MRVC, and small RUT position. I am short OEX right now. -Bob

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