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To: Thean who wrote (1040)	7/13/1998 9:07:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 14427

tell me about it. I can't tell you how those calls have saved my butt!! Big cap tech is crashing.. UP. I think that may end w/ MSFT and INTC ernings releases though and their cautious stmts going forward. Last qtr... MSFT said "our stock is overvalued and this qtr will be the peak of the year." I think they'll get even more bearish this time. Big cap double tops all over the place today... G, AFS, etc. Notice the bond selloff today. Remeber what I said about the US being in a no-win scenario here. If Japan stabilzies, this foregn "flight to quality money" leaves and bonds sell off, int rates rise dramatically, dollar tanks, and equities go into the tank. If Japna doesn't stabilize, China devalues and we're all screwed. Watch one of these to unfold. I think BERW may be where you wnat to look at it. It closed beneath its middle bolinger today. I see 25 in its future. :) -Luc

To: Thean who wrote (1040)	7/13/1998 9:24:00 PM
From: drsvelte	Read Replies (2) \| Respond to of 14427

"SCTR - Doc, this is very painful. I have reached my maximum pain and am dropping the ball on this one tomorrow. Really no fun at all." Thean - you're right about the damn XXXXX company, it is no fun to watch this thing move around on no volume. I still believe it is going to have a big problem come earnings report time (which I think is August). I shorted more at 39 1/4. I am not really sure where to play in this market. I don't have any confidence in the techs - particularly the hardware. Software maybe, but I really don't know the players. I am pretty much short commodities/industrials that are getting hurt by Asia. Drillers -- man, if you're gonna fool with these, you've got the cojons!! The psychology is so bad - but I think more air will be removed. I thought about going short EVI, but just couldn't do it. MDCO at 12 -- who would thunk it? Someday, the afterburners will be on these fine companies, but it will be awhile, IMO.