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To: Richie who wrote (33047)	9/17/1998 8:46:00 AM
From: Patrick E.McDaniel	Respond to of 97611

Richie, Overseas folks aren't happy Big Al isn't going to coordinate an interest rate cut worldwide. Of course, he never said we wouldn't do it on our own. That is why we recovered from lows yesterday. Now we need to react to the overseas overreaction. :o)

To: Richie who wrote (33047)	9/17/1998 8:47:00 AM
From: S.C. Barnard	Read Replies (1) \| Respond to of 97611

fears of no IMF help for Latin America, fears of President getting Impeached w/ help of Grand Jury videotape. feed factor of euro markets looking at the S+P futures, looking back at europe and back and forth in an idiot spiral Triple Witching week!!!!big moves to the downside.

To: Richie who wrote (33047)	9/17/1998 8:50:00 AM
From: MarkM	Respond to of 97611

1) Japan falls to key support level overnight. 2) No follow through on talk of lower US interest rates. 3) Friday approaching. 4) Possible release of damaging Clinton video today. 5) 3 to 4 sessions straight gains means eventual turnback. 6) DOW didn't manage to break 8100, (current range is 7400 - 8100) 7) Possibility of DOW retesting 7400 in intermediate term. 8) Ruble falling back again after artificial prop-up by banks. 9) Market is still in "Sell the rallies, buy the dips" mode. 10)Earnings warnings of recent days have been ignored ... till now. There are probably a dozen or so more reasons. Possibility of -200 on DOW and -45 on Nasdaq today?