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To: geewiz who wrote (10675)	11/7/1998 3:14:00 PM
From: Bonnie Bear	Respond to of 86076

Hi Art... Dow 12000 only if the street has decided to bid up IBM so it is larger than Msft, to teach billy boy a lesson in humility. I poked around the Russell stocks...the rally was hollow with the better-quality stocks not participating, and I see lots of signs of block trades selling into strength.If the CEFs have smart money, they seem to be staying with corporate bonds and utilities- I don't see a selloff there as one might expect if rates were going up. FWIW..Bonnie