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To: Tony Viola who wrote (61782)	8/4/1998 5:10:00 PM
From: Dale J.	Read Replies (1) \| Respond to of 186894

Tony, Ralph A. just yesterday was Bullish and said he was expecting a Blue Chip Rally. He then canceled it after the Dow Droped over 100 pts. Now he is Bearish. In other words. He seems to be a momentum player. He did manage to exacerbate today's selling though. Oh well, I think this latest selloff is healthy and it will set up the next big rally. JMO From Briefing.com Ralph Acampora says...: today's market woes seem to have started after Prudential Securities' technical analyst Ralph Acampora said that the Dow Jones average could experience 15-20% correction from recent record highs; he thinks that if the Dow closes below its June 1998 closing low of 8627.93, the Dow could drop as much as 20% from this year's high; a 15% decline would bring the Dow to 7937, while 20% drop would leave the index at 7470..... Dale

To: Tony Viola who wrote (61782)	8/4/1998 5:11:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

Sure looks like Ibexx will give up being a Ralph Acompura fan and start knocking TA again. <G> Jim

To: Tony Viola who wrote (61782)	8/4/1998 5:17:00 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 186894

Tony,>>> what do you think of Ralph Acampora's statement today? <<< Ralph is a very engaging fellow - comes across very nicely over TV. However, if he was a management consultant, he would be the type that would borrow your watch and tell you what time it is. If he were a weatherman, he would look out the window and tell you if it was raining or not. If he was a stock analyst, he would tell you that it is not a stock market but a market of stocks and that you would have to be very selective in your stock picking to make money. He is a nice guy - and he has made a great living being a nice guy. Regards, Mary