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To: Ibexx who wrote (61663)	8/4/1998 4:55:00 PM
From: Tony Viola	Read Replies (4) \| Respond to of 186894

Ibexx, what do you think of Ralph Acampora's statement today? From CNNfn: NEW YORK (CNNfn) - U.S. stocks remained sharply lower in late trading Tuesday, although the market managed twice to pull off the day's worst levels, set amid growing concerns about the impact of a weak yen on the U.S. economy and bearish comments from one of Wall Street's best known bulls. Ralph Acampora, chief technical analyst at Prudential Securities who earlier this year had been calling for the Dow industrials to reach 10,000 in 1998, said the blue chip index could now tumble 15 to 20 percent from its record high of 9,337.97 reached on July 17. Including Tuesday's losses, the Dow is down almost 6 percent from that level. Note Dow down 9.11% at close from all time high: 8487.31ö9337.97=.9089 1-.9089=.0911, or 9.11%. Tony