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To: Joseph G. who wrote (5052)	9/2/1998 4:43:00 PM
From: yard_man	Read Replies (1) \| Respond to of 86076

Looking at those on the 5-year scale: DJUA has crossed a few times before and DJT also, but DJT has crossed unabiguously now. Also look at the BKX, banking index. I think the fact that folks are calling for a interest easing is a very good sign. I don't know how in the world the market can come back from the damage done now. I guess it's possible, but it is a very remote possibility at best. I hear some talking about a sideways move before we head down (extended into October) -- seems too easy, have such a large drop and then just hang there when it is far below what most would call support.