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To: John Pitera who wrote (18783)	2/9/1999 11:31:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 86076

long bond gave its obligatory precrash uptick today... tomorrow should be interesting since the UTIL appears to be forecasting a further decline. another interesting note... I saw an analyst tonight saying how we need a couple more really bad days like today so we could really "scare" people out of positions and then we can move higher.... Come on, We always go higher. The only way you're ever gonna scare people out these big caps and tech is to threaten a crash, no other reason to ever sell. More than likely w/ everyone blowing off this selloff as just a healthy correction and that we needed this, this is the real deal especially w/ the lack of volume today and lack of bids. Volume should accelerate as more and more panic out of positions. I don't remember the last time we had a large selloff for no reason. Makes me think this one sends us down for the count... all the while the press will be searching for a reason, but there won't be one... just SELLING. look out below.