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To: Stephen who wrote (55596)	10/15/1998 8:04:00 PM
From: Stephen	Read Replies (1) \| Respond to of 58727

Don et al ..... talking of bubbles ..... whilst the index soared did anyone notice how broard based (or not) the rally was ??. Is it just me or do I get the impression that the 'blue chips' faired much better ??. On a more basic note, could someone please explain to me what overbought/oversold means. A couple of days ago I heard two people on CNBC express different views, and I guess period has something to do with that differing viewpoint??. For instance, does overbought mean there are no more buyers ??. Does it relate to price movement ??. I ask this because I read again that this market will quickly become so overbought it will quickly have a hangover. I accept this and at some point it makes sense to take money off the table .... but I would appreciate a more knowledgable view on this if someone has a mo. Thanks ... and good luck everyone Stephen