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To: Lee who wrote (50370)	8/20/1998 5:57:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

INDEX UPDATE ------------------ The short-term technicals are now in the upper-mid range heading down. The DOW/SPX/OEX closed near their lows which often indicate continuation to the downside for the next day. Tomorrow is expiration day, so funny things could happen. Frankly hope we head back up but stay below 8850, by next week - since I want to initate PUTS. Just hope that the bigger pullback did not start today, which I dont think it did. Market internals are weakening again. The RUT is already only 6 points away from its lows. Lets put this way, things are not improving and in many cases they are deteriorating again. Seeya

To: Lee who wrote (50370)	8/20/1998 8:36:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

Dang Lee...I missed the Prez..I was busy rewatching Bloodsport.....fast forwarding through the stupid acting and checking out those pecs of "I AM THAT MAN"... futures closed up over the cash close...... 540 was the draw on the OEX for tomorrow...but now who knows...that was alot of volume on those 540 puts and calls... Dennis, "THAT GUY".....that was a secondary rally????? well know we know we are headed for trouble advertising for foreign currency options on CNBC tonight...... everybody wants to be george soros