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To: SE who wrote (45584)	6/11/1998 2:25:00 PM
From: ratan lal	Read Replies (1) \| Respond to of 58727

Scott - I see the market closing 100 +/- down dow points. No sign of strenth anywhere. Tick -772 trin +1.61 Tiki +8 ratan

To: SE who wrote (45584)	6/11/1998 2:29:00 PM
From: Muizz M. Kheraj	Respond to of 58727

Scott, It held, although it does seem that you were right...we did drop a little further to "shake out the tree"...this market is amazing. With the Long Bond below critical support of 5.75, I expect a major market rally...in addition, with the McClellan Oscillator reaching MAJOR OVERSOLD proportions, I did expect the market to have a major selloff followed by a strong bounce. The selloff has taken place, and now we seem to be bouncing back...I wonder if this will be the day that we see the long needed reversal. Muizz