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To: Peter Church who wrote (7743)6/26/1998 1:36:00 PM
From: Henry Wolfond  Read Replies (1) | Respond to of 164684
 
Thanks Peter. Do you have any sense of what room is left for money in? This thing looks like it's been flailing on the surface at 97. It's running out of breath and the water's getting choppy. I see a couple more gasps before it goes down.

David,

Is the 2PM bounce consistent with the last 3 days? I've seen the 3:50 run with shorts running for the exits, but I sense a calm at these price levels. I'll wait out the next half hour with you and see.