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To: pater tenebrarum who wrote (585)	6/24/2000 6:03:00 AM
From: scotty	Read Replies (2) \| Respond to of 436258

China...http://dailynews.yahoo.com/h/ap/20000623/wl/us_china_4.html

To: pater tenebrarum who wrote (585)	6/24/2000 1:56:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 436258

ralphi still bullish... Further erosion in the Dow Industrials (-121.62 to 10,376.12) and a retrenchment in prices in the NASDAQ Composite (-127.17 to 3936.84) provided for a weak session yesterday. Broader indices also lost ground approaching a 2:1 plurality of losers over gainers. A notable difference in the recent sell-off in the major averages is the under-performance of the Dow Industrials v.s. the NASDAQ Composite. Since May 31st, the NASDAQ has registered a 15.8% gain. A pullback in prices would be viewed as corrective in nature. Meanwhile the Dow Industrials have lost 1.4%. A number of components within this average continue to look vulnerable. We look for this shift back to technology driven sectors to continue into summer months albeit quite a bit more selective than the speculative binge that we experienced in the first quarter of 2000. We anticipate further indecision into next Tuesday?s meeting and then anticipate a further advance. Key areas of support in the current pullback are listed below.