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To: epicure who wrote (51193)	8/31/1998 10:00:00 AM
From: donald sew	Respond to of 58727

INDEX UPDATE - INTRADAY ------------------------------- The DOW opened was up about 40 points earlier, and now it has already given up its gains and is now flat. If we close flat today (plus or minus 30 DOW points) that would be OK, and the DOW should move up tomorrow. Now if we cross 8000 to the downside today, intraday, that would basicly confirm that the DOW will produce lower lows, and for those attempting to obtain PUTs should just do it on an intraday bounce to the upside. I feel that 8000 should hold today, but it may get tight. Seeya