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To: Frank Ellis Morris who wrote (20849)	9/2/1998 10:23:00 AM
From: Sonki	Respond to of 27012

frank thx for all these updates, appriciate it . i m buying on dips for the long term. this drop will nothing for then a blip and i have many more years in the market. i m buying leaps in dips. i do not care if i loose all my mony in leaps in a bear market. i limit leaps to 10-15% of toatal portf. better to loose 15% and still have power to invest wehn market is down 50%.

To: Frank Ellis Morris who wrote (20849)	9/2/1998 8:09:00 PM
From: Sonny McWilliams	Read Replies (2) \| Respond to of 27012

Hello Frank and All. The market did great until later in the afternoon. I listened to NBR last night and saw Abby Cohen. I listened to Larry Wachtel from PRU on the trading floor and he mentioned around 2 pm that he thought the DOW would end up unchanged to up. It went back up after that but you know what happened. He also mentioned that tomorrow could be a down day but he thinks something big will happen on Friday. When pressed which way he thought it would go, he said: UP. But he said he still has to work on the figures. Should it go down on Friday also, the up day would be on Tuesday. I am sure he will have more figures tomorrow and will talk about it. I will put it on when I hear it. Anyhow, the market will stay volatile. I also listened to the Janus Twenty manager. Nice stocks in his portfolio and that Fund has done great. Only Mutual Fund I own, not counting the one I have through work. I guess you found out this morning that the quote on Msft was false. Well, I am on my way out. Will check in again tomorrow. Sonny P.S. Maybe things will do better tomorrow despite L. Wachtel's call. I heard after the market closed that there was a takeover and then there were some more cos. doing a stock buy back. At least the NAZ was up today.