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To: Paul A who wrote (16403)	10/6/1998 8:42:00 AM
From: surfinSteve	Respond to of 42787

Futures strong, bullish rate news from Briefing: Message 5922788 Steve

To: Paul A who wrote (16403)	10/6/1998 8:59:00 AM
From: Electric	Respond to of 42787

Paul, Which futures are lock limit up? When only one basket of 30 stocks participate in a rally, that might be termed a joke. That is what happened. The S&P, Transports, Naz, Russell all were down, and some were at near lows of the day. And of course who cares what I think! :} And I love DELL. I guess you havent been following the thread at all, I am the biggest DELL bull there is, that is a given. I have to trade what the market gives me, I never short and rarely put, but one is a fool if they think this market is going to move up more than a day or maybe two. I expect that today might reverse. I am not positive it will be as soon as today, but I wouldnt be suprised at all to see us move down in the afternoon. As for how the market is behaving, tell me what is going to propel this market for longer than a day, Japan talking about banking reform? How many times has that happened since this correction has started? Another thing, say Europe has a bank that cuts rates, what happened when we cut rates? Sell the news. Until things get worked out and longer than one day, this trading range market is stuck. That means up today, maybe even a few hundred but not for longer than a day, maybe two. Thanks for the advice. I wish I had that great of a position that I was being greedy. I usually settle for 30-50%.