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To: Tom Trader who wrote (10120)	12/11/1998 2:56:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

The current bounce is off of the lower tine of the fork I was looking at earlier. THe middle tine is at 1160 SPX at the close today. I am hoping to have a decent shot at getting short for a tanking into the close. However, as we are down so much already, I wonder if maybe this will be a reversal and go up into the close to clean out some shorts? Cautious at this point.... -Scott

To: Tom Trader who wrote (10120)	12/11/1998 3:00:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

<Do you have any thoughts as to the point where we might have a reversal?> Two places, either it is already reversing now or at about 3:30 EST. Also, the closing of the gap in the SPX at 1150ish. I'm managing to foul myself up pretty good so I would not count on right now. I'm going to spend a lot of time this weekend getting caught up on all this stuff. I'll back on track Monday. Tell you what; upside Pivot is 73....powering through that should tempt you to cover.