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To: Stoctrash who wrote (54872)	10/7/1998 9:30:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

P&F wonder what OJ will be screaming now OH YEEEAHHHHH we are headed down or OHHHHH YEAHHHHHHHH we are headed up NYSE reversing down is a positive????? I thought reversing UP was a positive when it happened not too long ago LTCM dollar positions may be being blown out this morning by the actions going on..but no one can confirm that... +james ball (8328 ) From: +james ball Wednesday, Oct 7 1998 9:18AM ET Reply # of 8330 Ok, NYSE reversed today to 24% as did many sectors. This is the second time in 18 years this has happened. I view it as positive as it sets up the potential for bull confirmed reading at a very low level which does not happen often. The same has happened to many sectors, where they have reversed down and set up potential bull confirmed readings at low levels. Ok to buy quality stocks that are breaking out off the bottom like KO, WY, UCC, and many other cyclicals. Some of the multi nationals like PG and CL are bottoming out and giving buy signals. Use stops actually entered as fail safe's. Tom D.