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To: Giordano Bruno who wrote (67587)	10/8/1999 6:58:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 86076

Jim, Usually Dorsey doesn't flipflop too quickly so I would say that the sentiment is still the same. However, talking to Ms. X she said there may be some bottoming action. I assume that this is based on the sector distribution chart being heavily overweighted on the oversold side. I asked Dorsey if the market has ever crashed from an oversold status (by P&F indicators) and he said "yes". There was some talk of the bond reversing, but whatever strength there was on the DJBB is gone now. BPHILO looks to be close to reversing up, but everything else still seems to be firmly in bear territory. Tom