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To: DownSouth who wrote (13644)	1/15/1999 12:20:00 PM
From: MileHigh	Read Replies (2) \| Respond to of 93625

Down, One thing that could occur is that when we get back to the $88-92 area, we might see some selling pressure from those that bought at those prices. The thinking is that many investors piled in around 89-95 on WEDS and are now sitting on a loss. Therefore they may sell at these same levels at breakeven or a slight loss just to exit their position if they were traders- this is why gaps become support on the way down and resistance on the way up.... This current trading and volume should provide support if and when we test todays low- that is, everyone is piling in now and ST traders will watch the tape and if we break below $82 area then we may see additional selling from traders who are trying to avoid a loss.... Just a laymens explanation...BWDIK MileHigh