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To: Lee Lichterman III who wrote (48450)7/26/1998 4:15:00 PM
From: donald sew  Respond to of 58727
 
L3

>>>>>> IF we bounce and the MACD, A/D etc improve, then we will have to see if we can slow our rate of ascent and reach a higher high. Personally I don't think the fundamentals will support a run right
now as there is no news on the horizon to justify a climb so I am definitely short term bearish but I think this 2/3 correction has been healthy so far<<<<<<<

There is always the chance that the technicals and market internals can change direction to the upside, but the probability is against such happening.