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To: Kevin who wrote (44983)	6/5/1998 11:14:00 AM
From: joe smith	Read Replies (2) \| Respond to of 58727

kevin, don's been having a bunch of computer problems. that may still be going on. remember its a tool that saves us time. of course thats only when they work. js

To: Kevin who wrote (44983)	6/5/1998 11:32:00 AM
From: Patrick Slevin	Respond to of 58727

I'm still in a sort of perma-bear mode. I'm not comfortable with the long side, although I certainly wish I had hopped on 20 points ago when it occurred to me. I have 1110/2 on the SP8M as the likely upside limit. I think, unless it cracks at lunch. the market will finish at or near that level today. Using pattern recognition, I am persuaded to believe that 35 minutes from now there is a possibility of a complete reversal to the downside but I don't hold much hope out for that. I think it's odd that the bonds, banks, and SP8M are trading somewhat lock step today. That has not been the recent pattern I think Oil was up, last I checked, so the net effect of all this has me hesitant. Perhaps I'm just a bit addled.....I'm missing something somewhere and won't trade until I get a handle on it. Good luck on your positions.