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To: Arik T.G. who wrote (3454)	9/8/1998 2:30:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

Potential TICK divergence being set up right now.

To: Arik T.G. who wrote (3454)	9/8/1998 2:45:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 44573

Hi Arik yes long time<g>.. AG has simply changed his long standing tilt toward tightening...he's now looking to ease..if he cuts rates the selloff is over period... i don't think he will...not for a quarter or two...but because HE SAID something like he did, should stop the fall... I see no comparision to 29, this will be no crash...way too much money looking for a home trying to buy too few shares of stock... can't put your money in a CD or Savings Acct...and if rates go lower, well you see my point... yes i've been saying profits are going to be soft...esp. in the techs...there are however other sectors that should do well... anyway 1900 points, or close to a 20% correction was my call...7400...told it weeks ago to IKE he really did not believe it could happen...it did...we just tried to test that level, and it never got there...we held and now are going higher... now if we do not hold these gains today...or have no follow thru this week...all bets are off... my bottom target is 6500....worse case senario....could happen late Dec, because of tax-loss sales... let's see.......