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To: Sabrejet who wrote (2130)	1/15/1998 10:39:00 PM
From: DAN KACKLEY	Read Replies (1) \| Respond to of 8219

To All: Don't be fooled by the rally yet, We need a hard break >105 Yea it looks like the bulls are breaking a grin, but watch out! Just a little more call-option selling and shorting going on! We just hit top of a trend line in a wedge formation @105 and bounced off again for the second time in 2 weeks Unless we can sustain levels above 105 it still looks down hill I agree with art that not much will happen until earnings (Due out 21-25)which probabally will be good, but like intel, might not excite the market Another factor that I think is holding this baby up, is option day (3rd Friday)after everybody expires, then we will move! The breakout on the wedge pattern is in a week or so, for all you bulls lets hope it is on the up side! Below 100 or so could start a free fall! Down hill is still the major direction I see! Does anyone know if insiders can sell call options or short sell on the stock they own without reporting it?? FWIW Dan (The BEAR)