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To: John Pitera who wrote (53656)	7/29/1999 10:34:00 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 86076

Where do you see support at on the DJ30? It looks to me like she's broken, and not much there down to about 10,500. POS up today- What a shagging pos. I think Ice is right- they're gonna drive that thing up to 90.

To: John Pitera who wrote (53656)	7/29/1999 12:59:00 PM
From: bill meehan	Read Replies (3) \| Respond to of 86076

COMP 20 dma will be turning down and I don't think the 50 dma will provide anything more than a possible little bounce. Today is likely to be the twelfth consecutive day of increasing new lows on the NYSE. Lots of Index puts trading, so can't rule out a bounce, but this market is looking very ill. Wrapped up midday comments with: Goldilocks may not be dead, but she could be headed for the ICU soon. As Mr. G said, “The danger is that…an unwarranted, perhaps euphoric, extension of recent developments can drive equity prices to levels that are unsupportable even if risks in the future become relatively small.” I think we've already reached that point, and we may have seen the highs for quite some time.