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To: Dale J. who wrote (63560)	8/29/1998 12:39:00 AM
From: TTOSBT	Respond to of 186894

Re: "Forget TA, I hope we start moving up next week" Ok so I heard this on television. Momentum is dead and will no longer move the markets hence below 200dma. I suspect this is due to all those foreign buyers being done in. Now fundamentals will take over and move stocks. I suspect this is due to all that retirement money going to work week after week month in and month out fund managers will keep putting money into success stories. Now, everything has been chopped to pieces so this big big huge amount of money will be put to work real soon on all those solid companies who have just be paired by 20, 30, 40 and even 50%! Yea maybe they were too overvalued with all the world turmoil but so was the trashing overdone. Now a return to a more sane and stable level will no doubt occur. Russia is doing what needs to be done. Yelsin was too corrupt. The Russian mafia was sucking lots of money out of their system. This new guy (don't know his name) is backed by the 7 largest banks in Russia and some of the biggest businesses there. What is happening is house cleaning. Yea some European countries have lost big but will now stay away. And some will trickle down to our economy but how much do we rely on Russian economy anyway? Greenspan will have to let our economy heat up a little more than he likes, lower interest rates and let the dollar get weaker ver yen and mark. TTOSBT