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To: jjs_ynot who wrote (38484)	4/7/1998 9:17:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Dave, The BKX is now overbought along with WFC, but WFC has more upside room than the BKX on a technical basis. Unfortunately for the both of us, WFC is in an uptrend. Now for now till April expiration, there will be a small pullback in the banking sector, but not much. Subjectively, the economic report on Friday and the CCI merger has hurt any pot position. WFC is one of the weakest of the BANKS, but that should not help too much, unless the market dumps a huge amount, say 400-500 points on the DOW before expiration, which I do not see at this time. Seeya