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To: donald sew who wrote (42340)	5/6/1998 9:02:00 AM
From: j g cordes	Respond to of 58727

Don, we're news driven today against your technicals.. like a tidal inlet with winds blowing waves higher as the tide turns. C and Benz, but the AOL Pru downgrade might put some sobriety in net stocks. Semi's are rotating into the bargain zone relative to this market, oils need a couple of weeks to prime the pump. Jim

To: donald sew who wrote (42340)	5/6/1998 9:05:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

I do not know what CNBC is speaking of. I show the long bond off 4 ticks. Also, it opened off 2 ticks. CNBC must have "pump and dump" people writing the idiot sheets for the on-air reporters. My data files from last week were partially corrupted, so I cannot determine turn times. Instead, I had to check with Camp who said his system is saying to short the rally at either 9:45, 10:45 or 11:10 ET. It's still unclear to me whether the rally last week was a sucker rally or the real thing. People in the industry tell me...I was not here and some files have been discarded...that the rally was on low volume. A definite negative. For my own part, I shall probably go along with the short the rally scenario. I already have a small short on and, in light of the weak bond action, see no pressing need to take it off at this point.