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To: randy kay who wrote (34467)1/30/1998 9:00:00 AM
From: donald sew  Respond to of 58727
 
Randy,

Normally I try to stay away from the subjective, but there still is alot of negative news lingering out there. For the meantime the recent good earnings is pushing up the market, but once the earnings is over what is there to hold the market up. Baasicly every one has already priced in the point that greenspan will not increase rates.

So after earning, there is not that much positive news, but there is the 1 & 2 quarter effects of the Asian Flu, good old Saddam, Clinton affair, etc.

Over all the market looks good and healthy and for the longer-term do not think there will be a major pullback, but we should get a short-term pullback as soon as today, latest Monday.

Seeya