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To: donald sew who wrote (52825)	9/16/1998 2:01:00 PM
From: Margaret Mateer	Respond to of 58727

Don, I didn't mean you, I meant that the NYSEBP, based on it's historical accuracy should be be taken seriously. That doesn't mean we can't have another big down day or down leg but for the NYSEBP to reverse down again we would need a 6% move (3 boxes, each box equals 2%)and that, historically from these low levels, is unlikely and I think it may have never happened before (from my recollection of Tom Dorsey's NYSEBP chart dating back to 1950). The kind of timing that you do can fit like a hand inside a glove with the P&F work and they really do not contradict one another. I am one of your many lurking fans :-} and only hoped to add some further information re: the NYSEBP reversal. Peggy