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To: umbro who wrote (16040)	9/4/1998 1:22:00 AM
From: Mark Fowler	Read Replies (2) \| Respond to of 164684

If Mon/Tues was the bottom, the spike in new lows is about as good as it gets. << Gary do you have a link of this chart... appreciated.

To: umbro who wrote (16040)	9/4/1998 3:46:00 AM
From: JBL	Read Replies (2) \| Respond to of 164684

I think trying to detect a bottom in this market is not possible, for what drives the Dow right now more than ever are non-US events. The impact of one of the following could create another major sell-off : - collapse of a major Japanese Bank - Nikei index going under 14,000 - military take over in Russia - currency devaluation in Venezuela - congress refusing to fund IMF in October The probability of one of these (or similar) events occurring in the next 2-3 months is, I am afraid, close to 1.