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To: Joan Osland Graffius who wrote (11586)	12/15/1997 10:28:00 AM
From: bobby beara	Respond to of 18056

Hi Joan, here is another stocking stuffer. A short covering rally should retrace the SPX 66% (a normal retracement - look at October rebound chart) which would put the SPX somewhere around 974 peak for a reversal today or tomorrow. - maybe even a wide enough swing intraday today to trade. Tis the season to be jolly for the bears will have their folly -gggg- Merry Christmas, Bob

To: Joan Osland Graffius who wrote (11586)	12/15/1997 10:56:00 AM
From: bobby beara	Respond to of 18056

OOOoopssss! Sorry Joan, was too loose with those number 968 area should be a 66% retracement. ABX has spent 49 days below it's 20 dma and unbelievable time to be submerged. The 20dma is at 17 which it has touched today. I think when we take out the 20dma the massive short interest runs for cover and this whale runs for the surface, blows it's spout and takes a big giant breath of O2. Read the ABX thread for positive developments recently. Merry Christmas, Bob