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To: Rambi who wrote (53589)	9/23/1998 9:20:00 AM
From: donald sew	Read Replies (3) \| Respond to of 58727

Penni, fundamental over ride technicals, so it would have an effect, but the question is whether that is already priced into the market. I prefer to others to guess at that. the technicals will be pushed a little here and and a little there, but it is no question in my mind that we have no technical proof of a strong rebound that will reverse into a strong uptrend testing the 9300 highs before the end of the year. The only technical confirmation I have is that we are in a trading range for the DOW. For the time being we have a bottom at 7500 and a top at 8100. Frankly, I feel that range is too small and should be larger, in light of the volitility. When it is possible to go from one end of the range to the other end of the range in 2-3 days, that just appears to be a bit small. So subjectively based I that I feel the upside of that range could easily be pushed higher a few hundred points. Seeya S