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To: Byram who wrote (53084)	9/18/1998 5:15:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

INDEX UPDATE --------------------------- Since the DOW closed near its lows, the probability is that it will continue to the downside, especially since it is only the 1st day of the downtrend. AMG Data amgdata.com shows that there was only very little outflow of only .16 BILLION. But considering that 4 or the 5 days which that data covered we strong updays, there were still outflows which I still interpret as a negative. I am suspecting that either today or Monday could be a strong down day. The DOW bounced right at the support line of 7850 and closed slightly above it. I have not yet completed may analysis of the next support lines, but quickly checking there appears to be an important support around 7700 and of course the ones at 7500 and 7400. I am suspecting that the 7700 support is an important support and a break of that one may imply a break of 7500 and so on. seeya