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To: Nelson Chang who wrote (49006)	8/2/1998 5:48:00 PM
From: donald sew	Respond to of 58727

Nelson, Good post. I won't say that I am nervous since if the market does decline it is just an opportunity to make money trading on the short side. I will get nervous if we were to have a true bear market where the market crashes, remains flat at the lows and does not recover for a long period of time, in terms of over 1 year. At that point, BULLs or BEARS, will not make money. Just hope it does not get that bad if the market drops hard. I have turned very bearish, but I am not a BEAR or a BULL, just a trader who is trying to make money in either direction. Obviously we are starting to hear alot of talk about a major crash in light of the strong negativity in the market. I think it is important to keep the mind open and to watch the technical and fundamental signs, not just think CRASH. Watch for support lines and crucial moving averages to be broken or hold support, and the same for resistance lines - then make an objective opinion. As much as I feel so negative to this market I will be watching the market for technical signs/confirmation and not permit the talk of CRASH put blinders on me. Frankly speaking, I would like to hear comments backed with substance to support the other side that we will not drop further, or that this is just a correction and the bull run will continue. Hearing the other side will help keep me on my toes, and help me from getting to bias to the bearish side. Seeya