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To: robnhood who wrote (2886)	7/8/1998 10:06:00 PM
From: Mike M2	Read Replies (2) \| Respond to of 86076

rrman, I would love to give you a more precise date but i really have no basis for one. I expect a continued deterioration in earnings, a rising trade deficit, China devaluation triggering more currency troubles in SEA, IMF continuing to bail out bankers at public expense but to little avail. It takes time for these things to take their toll especially with such heavy participation from a gullible public. I am amazed at the way the mkts have ignored the shot across the bow after the SEA troubles which are far from over and certainly going to get worse. Mike