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To: fooledalot who wrote (47394)	2/8/1999 6:39:00 PM
From: rupert1	Respond to of 97611

fooladlot: The entire text of the Accompora comment was posted on this thread this morning. It is not quite true to say he added nothing to what he had been saying. It is true that previously he had identified the 9100 and 8700 support levels, but previously he also gave equal wait to the upper resistance levels. He did not do that today. Previously, the weight of his commentary was that we were in a very strong bull market and that we should be 100% invested. He had previously warned that there would be sudden and sharp corrections which should be used a buying opportunites. He had also warned of rotation between sectors and warned that it was a stock-pickers market. But today, he shifted the emphasis. He talked about an across-the-board correction and said we were in the midst of it - yesterday and all the preceeding days he had never mentioned that we were in the midst of anything or that a correcton had started. Accompara@s prediction followed last week's prediction of the chief TA analyst at ML who said we were going back to the lows of last year - no ifs ands or buts. JP Morgan's analyst said the market was 10-15% overvalued.