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To: James Strauss who wrote (14806)	6/15/1998 7:15:00 PM
From: Johnathan C. Doe	Respond to of 53068

"If Dow 8100 doesn't hold, we go down to the 7500 area... "; that would be a 20% correction and that is what it looks like we will have. I'm all for it. The runup from the first of the year has been artificial anyhow. Nothing has changed and the problems and the concerns that caused the fall selloff are just manifesting now and they look to be ready to continue for years, not months. The 20% correction would be good. The market is run up for no other reason that everyone is putting money in stock 401K plans regardless of whether there is a reason for doing it. As more and more money chases the market of stocks, the prices are float up. That is why we just keep getting correction after correction and buy on dips. The low interest rates make the situation. They are moving lower through all of this. The game will continue. NASDAQ and the techs will get slammed by the time we get to 20% on the DOW. Great stupendous buying opportunities.