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To: limtex who wrote (14308)	8/30/1998 2:23:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 152472

*OT*<<another 10% off the Dow means how much more off NAZ small medium cap stocks that are mostly down about 50% or more already>> limtex: 10% off today's dow would be roughly 150 Naz points, relatively. Personally, I'd consider a drop of only 10% more as getting off easy. I agree with you, a lot of the small and mid caps have gotten pummeled to a much greater extent than the broad averages. I'm expecting capitulation on the part of the big caps and further weakness in the others. I'm maintaining my core but have raised cash for the anticipated garage sale; although I'm expecting this will be at least six months to a year away. At that point, Year 2000 might take a swing at us just as other things are starting to get settled. Tax selling season should be especially interesting this year. On the other hand, I might be totally wrong; sure wouldn't be the first time. I think people are starting to see that what we are watching overseas, currently, may be only the tip of the iceberg. I'm fully braced for a turbulent week ahead and not at all interested in buying this "dip" (understatement); although, in a few instances, I think I might cautiously build out a few positions. Good luck. ...Tim