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To: Nancy who wrote (10177)	6/12/1998 1:35:00 PM
From: Robert Graham	Read Replies (2) \| Respond to of 42787

Looks like the market is at an intraday juncture. No direction taken yet. As far as the techs go, I guess the public speculator decided not to step up to the plate this time. This is indeed a significant change in sentiment. But perhaps this sentiment change of the public speculator is coming near an interim end of this market sell off? Looks like the bottom is continuing to form. After several tests of this intraday pivitol point, and the TICK and TRIN not making any headway in a negative direction, the DJIA is starting to move up. Next stop is 8725 which will be an important test of the edge of this congestion area. Bob Graham

To: Nancy who wrote (10177)	6/12/1998 2:08:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 42787

Yes we went below Favors numbers but he will be on CNBC this afternoon dont count on me to get what he says David J did a good synopsis last time so hopefully he will be listening..