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To: J.T. who wrote (32749)	1/10/1998 2:36:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 58727

Also MOT reports after bell on Monday, and they have 28% Asian exposure; their earnings could kill any rally attempt we may have on Monday; so if the Asian markets behave well before Monday open the US rally on Monday may have to be day-traded. I would bet on the upside after INTC earnings than MOT earnings.

To: J.T. who wrote (32749)	1/10/1998 6:12:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

JT, There will be selling tomorrow, but buying will exceed it for tomorrow and possibly Tuesday. JT, the probability is rising that this market is going down in the longer term due to increased negative technical signals. For the short/mid term it is still a range trading market but we will get better direction once the earnings are in. I also feel that the full impact of the Asian flu will not be felt until the 2nd/3rd quarter earnings so we could see a larger decline later in the year. If the Asian markets are tomorrow, as my TA says then we could be up at the morning on Monday. There will be some selling at that time, but do not feel it would bring the market down that much then to close up. I feel that we could see 100-200 points up in the DOW by Tuesday. If that happens I will be initiating PUTs awaiting INTC's announcement. If INTC announcement is good we could see 1-2 more up days, but then the TECHNICAL DELAY DIP process will begin, pulling the market back down. Seeya