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To: donald sew who wrote (34541)	2/2/1998 9:07:00 AM
From: j g cordes	Respond to of 58727

Yes Don, Chicken trade for me.. put position on OEX or DJ when I think I've seen the day's high, looking for a 33-50% retrace, then out. Just not usre yet if this is a pop opening that falters a little then surges again.. those whip saws. If I get it done right, it won't matter what tomorrow's move is. from Briefing.. this could temper the situation however. "National Semiconductor (NSM) 28 1/8: Chip maker expects Q3 results to fall below Q2 net of $0.32 and sales of of $719.9 million, citing situation and Asia and problems at recently-acquired Cyrix. Expectations had been for NSM to earn $0.39 in Q3..."

To: donald sew who wrote (34541)	2/2/1998 9:13:00 AM
From: j g cordes	Read Replies (1) \| Respond to of 58727

Lowest savings rate since 1939? "For the year, incomes rose 5.8 percent, a bit faster than spending, which increased 5.4 percent. But tax and fee payments to government shot up 11.4 percent. So disposable, or after tax, income rose just 5 percent, somewhat slower than spending. To make up the difference, Americans saved less -- just 3.8 percent of disposable income, down from 4.3 percent in 1996. That represented the lowest savings rate since 1939."