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To: jjs_ynot who wrote (43372)	5/17/1998 9:52:00 PM
From: donald sew	Respond to of 58727

Dave >>>> Some intermediate term charts (projecting out several weeks) that I maintain suggest that the DOW may get down to 8500 in late May / early June. Is that at all conceivable with you 8750 lower expectation or am I reading to much into these projections? <<<<< I really do not like projecting price targets since mathematically there are just too many variables, its hard enough just to predict direction. Also if you ever listen to Jerry Favors, he often uses a buffer of 200 points. I believe that the 8750 should hold but of course it can drop more and alot more, and 8500 is no where out of line. Seeya