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To: Rarebird who wrote (27193)	12/29/1997 2:36:00 PM
From: DiViT	Respond to of 50808

U.S. TRADING SUMMARY: Wall Street stocks were strong at midday Monday as traditional year-end buying emerged and investor jitters over South Korea's financial crisis eased. "This is a classic, end-of-year type of action with the background of a lesser Asian crisis, at least in South Korea," said Charles Pradilla, market analyst at Cowen & Co. Strong inflows of cash into stocks should boost equities through the second week of January, Pradilla said. The recent sell-off in technology stocks was overdone, he added. The Dow, boosted by stronger technology and bank stocks, rose more than 100 points early in the session. At 1:20 p.m. ET, the blue chip index was up 98 points at 7777. The S&P 500 index gained 14 points to 950. Advances led declines by more than two to one on light NYSE volume of 278 million shares. The Nasdaq was up 18 points at 1529.