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To: Gersh Avery who wrote (7488)	1/6/2000 1:50:00 AM
From: Berney	Respond to of 11051

Gersh, Re: We Be Here I compute the 38% retracement to be at 1385. Thus, the action to date is harmless. However, as you note, the futures don't look too good. A 50% retracement would be about 1356 and there seems to be some good support there. Looks like 62% would be around 1327. Your extent of 1310 is about where I have the 50 week ema and we do visit it occasionally. This is also the area of an up trend line from the October low. So, I guess it is possible, but the earnings reports are going to start coming out next week and I expect that will turn this puppy on a dime. We'll see! TB