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To: Frank Ellis Morris who wrote (20705)8/25/1998 10:57:00 PM
From: Sonny McWilliams  Respond to of 27012
 
Good evening Frank. I guess a bit too late for you to get this message before morning. gg. Yes, I do believe that we will be in for a little Bonnie. Luckily we are a bit inland but the Ocean Cities and the Chesapeake area will get plenty of it. At least it looks like it at this time.

I just checked on the Globex. I was surprised to see this:

cme.com

At the close here there was an imbalance on the buy side. But I guess Europe did not like that weak close in our markets again. I am sure the European Banks did not like Russia's restructuring of their debt at least not the way they did it. I still have not quite figured out how it is working. The talking heads are all over the place on that subject. All I know is that it was not well received just before our markets closed. I guess we got lucky that it went up again in the end. Panic selling or profit taking was short lived. But I think we have to get used to that for a while.

BTW, Russia's stock market was up over 14%. All the way to 211. gg.

Take the umbrella with you on Thursday when you go to work.

Almost forgot. Yes, I do have Dell. It and some of the Pharmas were a bright spot today. WCOM was holding up for me also.

Sonny