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To: Venkie who wrote (53994)7/25/1998 12:24:00 AM
From: Boplicity  Respond to of 176387
 
Donnie, Next week market action will set the tone for the rest of the summer. from CBS...

<<"If next week looks like this week, which is not what I'm looking for, you've probably seen the high and you've begun a more serious correction," Roth said. "We should not see a couple of poor breadth days soon like we've had.

"The bullish scenario for the short-run is that we try to rally a little, sell off modestly for a few days next week on volume back under 650 to 700 million shares, and then rally decently at the end of the week. That kind of pattern would tell me we've had a normal pullback, and that the buyers are still there on weakness.">>

Greg