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To: Patrick E.McDaniel who wrote (54883)	7/28/1998 10:21:00 PM
From: Mohan Marette	Respond to of 176387

What happened today???? Market Snap shot,GM strike ends. Hi Pat: Source:MarketWatch. 1.Says Monica thing is really side show and not the cause of the market's behavior. 2.More concern on decreasing earnings going forward. 3.Asian problems to linger. 4.GM reaches tentative agreement with the Union,strike ends 5.S&P earnings for Q3 trimmed from 15% to 12-10 with possibility of further erosion. 6.Negative breadth of the market cause for concern. etc etc... blah,blah,blah....oh Durable goods numbers to come in at 8.30 EST on the 29th expected a decrease of .6% or so i think. Here is the link in case you want to read it. cbs.marketwatch.com