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To: dennis michael patterson who wrote (15636)9/17/1998 5:02:00 PM
From: Electric  Read Replies (1) | Respond to of 42787
 
dennis,

I wouldnt go as far to say that we will go lower than 7400..

There is good news out there as well as bad. Asia and Latin America might have seen the worst that they might see, and have bottomed.

I agree with some of the P&F'ers that say we will see higher highs and higher lows. Especially with a rate cut in the cards, I dont see too much downside in fact I think 75-76 might be the next test, then a move up.

I wish the puts werent so pricy on the OEX and the SPX, I think it is the play here. Do you have any ideas of good stocks to put that might be volitile?

We did close a buck over FV, but that means nada.

later...