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To: Patrick Slevin who wrote (38715)	4/8/1998 10:52:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 58727

Patrick- I can't really figure out anything from his posts except that we're going down hard.I'm so confused about when and how much and when to cover and buy puts etc........ April would be crazy to buy,May maybe.....GD

To: Patrick Slevin who wrote (38715)	4/8/1998 11:20:00 PM
From: donald sew	Read Replies (3) \| Respond to of 58727

Patrick, As for David's targets before expiration, I just dont see any technical indicators hinting of a pullback to the 8150 range. Anything is possible, but per my technicals cant find a hint of it. As for tomorrow, I still see a bias to the downside but nothing extraordinary, and it is not even a strong bias to the downside. As you are aware that I mainly do my analysis on time, I still still see the market to be down 2 more days/maximum 3, so Monday/Tue should be the last day of this down cycle. I had previously indicated that this down cycle should last 4-5 days. Still keeping with the 8750 support line. Seeya