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To: robnhood who wrote (27162)4/17/2000 9:34:00 PM
From: Joan Osland Graffius  Respond to of 42523
 
rrman, >>He thinks that what we witnessed today was selling the troops to buy the generals.

IMO, the last run up in the NYSE was the institutionals selling to the retail buyer. I don't know what the game was today, but it sure is going to help the funds with these
stocks from another big slide today. It could help to slow down redemption's. I believe anyone who is going to stick their toe in this market needs to see some confirmations that
money is serious about stabilizing the market. I am going to assume we have a bear market until it proves otherwise. I will not bet the farm on anything right now.

Joan