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To: jjs_ynot who wrote (43579)	5/20/1998 12:11:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Dave, The majority of the indexes are either in the mid-range or lower mid-range, with only a few in the oversold range like the XAL, OSX. In light of just that the market could go in either direction, and is now the most susceptable to news. Now looking at the NEW HIGH/NEW LOW and other supplemental indicators I use, it appears that we should head down more, but not a whole lot more unless motivated by substantially bad new; therefore I am still holding to my 8950-9000 range, although there is some slight indication that such support may not hold. Time frame is still holding at WED/THUR for the bottom. Seeya