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To: Lucretius who wrote (5073)	11/4/1998 1:31:00 PM
From: waverider	Read Replies (1) \| Respond to of 14427

As I worried about last week, looks to me as if the rest of the year is up. Maybe 10,000. I'm betting the FED won't cut now, but that is the only hitch I see. I am not going long, but I don't think it is a good idea to fight the tape anymore on the short side. Ron made a good point. Careful out there folks. <H>

To: Lucretius who wrote (5073)	11/4/1998 7:03:00 PM
From: Copeland	Read Replies (1) \| Respond to of 14427

Looking forward to the beginning of a slow decline either tomorrow or Friday -- coupled, hopefully, by the Fed leaving interest rates unchanged (the bond market today didn't leave me jumping for joy however). If that occurs, time to join in and wear short shorts after options expire. Saw some talking heads (fund managers) on CNN today warning about buying in to the market right now. If memory serves me right, it's the same type of talk that was floating around before the July correction.