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To: Glenn D. Rudolph who wrote (14909)	8/27/1998 9:09:00 PM
From: Mark Fowler	Read Replies (2) \| Respond to of 164684

I'm concerned about the critical support levels on the indexes that were technically damaged today--maybe now resistance levels. The Asia fallout seems to be spreading, Clinton scandal, now i'd get really concerned if China decides to devalue. I'm looking out 6 to 9 months from now and it could get worse. I don't like what i see Glenn. So far my stocks have been charging ahead, but today i took a hit as most longs did i'm sure. William says this reminds him of the '90 market correction, however, it reminds me of the '94 correction when the Fed. raised interest rates to slow the economy. I think it all depends on how far the Asian crisis spreads in my view and if Clinton can govn. affectively for now.