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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (20098)	6/11/1998 7:17:00 PM
From: Judy	Respond to of 94695

Gee, Bob, are you spending your vacation posting at SI? On a serious note, the funds have to park their money somewhere until corporate forward guidance is issued for the rest of the year. The quarter ending June is key. Market has been under distribution since May, some in the business would say even earlier.

To: Robert Graham who wrote (20098)	6/11/1998 8:40:00 PM
From: Tommaso	Read Replies (2) \| Respond to of 94695

Nope. Sorry bears! The inflow to mutual funds is much too high. Look for an upward reversal tomorrow and a return to 9100+ levels on the Dow next week. I say this as someone who is heavily committed to a bearish position and who will not enjoy the next week. Foul weather ahead for bears. Hope I am wrong!

To: Robert Graham who wrote (20098)	6/11/1998 10:41:00 PM
From: Investor2	Read Replies (2) \| Respond to of 94695

Re: "Watch for 8750 on the way down. This is an important pivot point." 1. What is a "pivot point?" 2. Why is 8750 a pivot point? 3. Why is the 8750 pivot point important? Thanks, I2