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To: mr.mark who wrote (11650)	6/13/1998 1:55:00 AM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 13925

mr. mark, From "Market edge" tonight...Just one view... ÿ ÿ ÿ The DJIA failed to hold the 8750 low recorded on 6/3/98 as the index traded down to 8663 on Friday 6/12/98. This prevents a reset of the cycle model. The Market Posture remains Neutral. The Momentum Index improved this week to -2, up from -7 suggesting that the correction that began in early April is nearing an end. If the DJIA holds above 8663 during the week ending 6/18/98, the CTI will reset and the Market Posture will be upgraded to Mildly Bullish.ÿ ÿ Sincerely, Doug F.